The Bourse Régionale des Valeurs Mobilière (BRVM) hosted on February 28th , 2022, the listing ceremony for the mandatory loan “FTC Teyliom Immobilier” 7% 2021-2028 (FTIMC.01). The public offering allowed to raise 20 billion FCFA (30 million euros) at the rate of 7% over a subscription period spread out from May 20th to June 18th, 2021.
Undertakings for Collective Investment in Transferable Securities subscribed to the volume collected for approximately 67%. In addition, 56% of subscriptions came from Cote d’Ivoire against 8% for Senegal. The early closing of the loan, in one week, testifies to the depth of the market and the appetite of investors.
For any additional information concerning this notice, please contact the BRVM at its headquarters or the National Stock Exchange Branches established in each of the West African Economic and Monetary Union countries.