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Bond loan: a Burkinabe credit institution listed on the BRVM

14/03/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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On Monday, March 11, the Regional Stock Exchange (BRVM) admitted to its listing the bond issue by public offering “FIDELIS Finance CAP 25% 2023-2028”, launched on the regional financial market of

UEMOA by the credit institution Fidelis Finance Burkina Faso, between September and November 2023.

The bond loan raised 14.94 billion CFA francs and is part of the CAP 2025 strategic plan. According to the managing director of Fidelis Finance, Dr. Abdoulaye Sory, it aims, in the long term, at an organic transformation of the company in order to better support the financing of SMEs. The listing of this bond issue by public offering is the only bond issued by Burkina Faso's private sector on the market, marking the return of this sector to the BRVM bond market since the BOA Burkina 6.25% 2012-2017 bond was admitted to trading on February 08, 2013 and since then delisted

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