These major investments, the company says, were financed by self-financing and debt to financial institutions and were 54% realized in Senegal, the Group's largest market in terms of revenues.

In the logic of maintaining its performance and intensifying its investments, Sonatel is launching a bond issue by public offering for an amount of 100 billion CFA francs.

The bond issue was validated, according to Sonatel, by the Regional Council under the visa number EOP/20-01O for the issuance of 10,000,000 bonds at a unit price of 10,000 FCFA.

This loan, she adds, will be amortized over a maturity of 7 years at a facial interest rate of 6.50% per year. It recalls in the wake that the subscription period is open from June 15 to July 15, 2020.

The Company enjoys a status that will certainly be to the taste of investors. In this sense, it states: "Sonatel, as an issuing company on the regional financial market (MFR), has been awarded one of the best ratings for a private issuing company within the WAEMU zone to date: the "Investment Grade".

The issuer, also as the region's largest company in terms of turnover, has exceptionally low credit risk in an economic context punctuated by uncertainties, a strong ability to service debt in the short and long term, and governance that meets the highest international standards."

In detail, Sonatel shows its more than attractive data: "first private company in the WAEMU zone with a turnover of more than 1,000 billion FCFA for a continuously growing EBITDA, first market capitalization of the BRVM with more than 1,700 billion FCFA, more than 35.85% of the rating, best financial rating among all private companies in the WAEMU region with a solid capital structure with a low debt ratio of 24.5%, underutilized debt capacity with a Net Debt/EBITDA ratio of 0.18x (2.0x in the telecommunications sector), among others".