Sonatel will disburse FCFA 3.250 billion on 16 July to pay the half-yearly interest on its Sonatel 6.50% 2020-2027 bond, according to the management of the Bourse Régionale des Valeurs Mobilières (BRVM).

To repay its bond loan of 100 billion FCFA made between July 07 and 15, 2020 and supposed to finance its 2020 investment plan related to its operations in Senegal, Sonatel will disburse more than 3 billion FCFA on July 16, 2022. Scheduled on a semi-annual basis, after two years of deferral, i.e. four semesters, at the rate of payment of one tenth of the capital over the 5 years, the payment will be made on a monthly basis.of the capital over the 5 years, all the commitments of the telephone company have been respected so far. The share will be quoted ex-interest coupon as from next Wednesday, July 13, said the BRVM.