The Electricity For All Program Fund (PEPT) launched on September 18 the 2nd phase of the operation of securitization of claims referred to as the Common Fund for Securitization of Receivables Electricity For All (“FCTC EPT 2025-2040”) in the amount of 60 billion FCFA.

The PEPT has recorded a new advance in its innovative financing strategy. Named (“FCTC EPT 2025-2040”) , serif">, the serif; mso-fareast-font-family: “Times New Roman”; mso-bidi-font-family:arial; mso-fareast-language:en">New issuance comes in the wake of the success of the first transaction, conducted from October 30 to November 20, 2023, for an amount equivalent to 60 billion FCFA. This securitization transaction allows the PEPT Fund to collect resources from investors in the regional financial market in the medium and long term, making it possible to accelerate the continuation of the connection program from the most disadvantaged households to the national electricity grid. The present operation aims to mobilize an amount of 60 billion FCFA, divided into three installments with a maturity of 7, 10 and 15 years, paid respectively at 7.50% 8.0% and 8.5 %.

The securitization mechanism, used in this transaction, consists of the sale to a Mutual Securitization Fund of Receivables (FCTC) by the PEPT Fund from part of its claims arising or to be accrued held on connected households. The FCTC issues bonds that are offered to regional and international investors. The service of the Debt is ensured by the collection of assigned claims throughout life of the Fund.

Les obligations are aligned with the GSS principles (social, green and sustainable), alignment confirmed by the international rating agency Moody's Style”, serif; mso-fareast-font-family: "Times New Roman”; mso-bidi-font-family:arial; Mso-ansi-language:fr; Mso-fareast-language:fr; Mso-bidi-language:ar-sa">. La Transaction also benefits from a rating carried out by the GCR agency Rating West Africa, “AA” for Tranche A, “AA-” for Tranche B and” A+” for Tranche C.