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Bond loan: Tosyali raises 15 billion DA

28/07/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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The External Bank of Algeria (BEA) announced on Wednesday the success of the bond issued by Tosyali Algeria, for an amount of 15 billion dinars. This operation, described as “strategic”, was carried out under the leadership of the BEA, acting as leader of the investment syndicate

.

Tosyali Algeria has just successfully completed its first bond issue, for an amount of 15 billion dinars. This is what emerged from a press release received by our editorial staff on Thursday by the leader of the steel industry in Algeria. “Tosyali Algeria is pleased to announce the success of its very first bond issue, for a total amount of 15 billion Algerian dinars, carried out between June 22 and July 20, 2025” announced the

company in the document.

“This transaction, authorized by Cosob under visa no. 05-2024, included 1.5 million bonds with a nominal value of 10,000 DZD each, structured with a linear amortization over five years and carrying an annual interest rate of 5.65%” specifies the company in its press release. With a turnover of over 2 billion dollars in 2024, driven by a growing export dynamic and sustained investments, Tosyali Algeria is continuing its development with this raising of 15 billion dinars. This bond issue is part of an ambitious strategy aimed at consolidating its leading position and expanding its industrial capacity. This bond issue is part of an ambitious strategy aimed at consolidating its leading position and expanding its annual industrial capacity, which has already increased to 6 million tonnes

.

This transaction reflects the growing interest of companies in the capital market in order to finance their expansion, underlines Cosob, adding that after the recent issuance of Arabe Leasing Company, another major private group in the household appliance sector is also preparing a new bond in the coming weeks. The Commission recalls that this dynamic is the result of the reforms undertaken on the financial market, in particular through General Stock Exchange Regulation No. 23-04, which came into force in 2023, which simplified admission procedures and established personalized support through the financial market's one-stop shop

.
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