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Sonatel to raise XOF 100 bln on West African debt market

Thursday 11 June 2020 | 09:59 CET | News
Sonatel said that it would issue XOF 100 billion of bonds by mid-July in the largest ever debt issue by a private company on the regional market, Reuters reported. The bond issue has been approved by the regional council of the West African monetary union and the subscription period will run from 15 June to 15 July, Sonatel said. The bond's maturity is seven years with an interest rate of 6.50 percent, it added.

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Categories: Mobile & Wireless
Companies: Orange / Sonatel
Countries: Senegal
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