The Teyliom Group has closed in advance the fundraising operation of 20 billion FCfa on the financial market. This operation, launched on May 20 for a one-month subscription period, recorded 145% oversubscription.

The Teyliom group has appealed to the regional financial market to raise 20 billion FCfa by selling to Fctc Teyliom immo 7% 2021-2028 of real estate claims. This operation was closed early on 1 June with an oversubscription level of 145%. A major player in real estate in French-speaking West Africa, the company aims to become a reference investor on the African continent, innovative and proactive. A concern that translates into a fundraising of 20 billion CFA francs on the WAEMU regional financial market. The transaction was structured by Alc Structuration, and carried out in the form of a public offering authorized by the Regional Council of Public Savings and Financial Markets (Crepmf), under visa number Fctc/2021-01/CO-01-2021/NI-01-2021.

The placement was led by the consortium made up of Bridge Securities, a subsidiary of the Finance Division of the Teyliom group, and Nsia Finance, leader of a syndicate open to all WAEMU SMIs. The custodian of the Fctc is Nsia Banque Côte d'Ivoire, informs the Teyliom group. Which indicates in the wake that the Fctc Teyliom Immo 7% 2021-2028 is managed by Alc Securitization. The bonds issued by the Fonds Commun de Securitisation de Créances at the nominal value of 10,000 FCFA will give rise to a quarterly interest payment and a repayment of the capital by constant quarterly amortization after one year of deferral. Initially planned for a period of one month, the operation was a remarkable success and was crowned by an early closing after 10 days of marketing with a subscription level of 145% of the amount sought. The date of enjoyment of the operation has been set at June 8, 2021. The bonds will be listed on the BRVM in the coming months.