Breaking news
Europe back in front thanks to Djokovic -
Spain surprised by Switzerland ahead of Portugal clash -
A Sunday in Larressore -
Samuel Eto’o targets World Cup final -
Brahim Saadoun returns to Morocco this Saturday -

OCP: an issue of commercial paper to optimize costs

The Moroccan Capital Market Authority (AMMC) approved the implementation of the OCP group’s commercial paper issuance program.

With a ceiling of MAD 7.5 billion, this issue will enable OCP to meet occasional cash needs generated by variations in working capital requirements during the year, optimize its financing costs and diversify its sources of funding.

The nominal unit value of this issue is 100,000 DH, with a maturity of 10 days to 12 months. The interest rate is fixed and determined for each issue according to market conditions.

Join and receive our newsletters

The article is in French

Tags: OCP issue commercial paper optimize costs

PREV take the step of digitalization thanks to its expertise
NEXT The dirham should appreciate against the dollar within 3 months