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Financial market: CRRH-UEMOA looking for 36 billion FCFA

16/01/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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La Caisse régionale de refinancement hypothécaire de l' Union économique et monétaire ouest africaine (CRRH-UEMOA est à la recherche d ' an amount of 36 billion FCFA (61,200 million dollars) since January 12, 2023. This is through a public offering of savings on the financial market of the West African Monetary Union (UMOA).

La souscription à l' emprunt obligataire dénommé “CRRH-UEMOA 6,10% 2022-2037”, de l' établissement financier constitué sous forme de société́ anonyme avec Conseil d ' Administration bas É à Lom é in Togo ends on January 27, 2023 with the possibility of early closure. CRRH-UEMOA officials issued 3,600,000 bonds at a price of 10,000 FCFA to meet the needs of the operation.

The term of the loan is 15 years. It covers the period from 2022 to 2037, in accordance with Instruction No. 36/2009 of the AMF UMOA, which requires any issuer, other than states and public or territorial authorities, that makes public offerings to be rated by a rating agency approved by the AMF UMOA. CRRH-UEMOA was rated in October 2002 by the Bloomfield Investment Agency. Corporation. The agency awarded it the long-term rating AA+ with a stable outlook and the short-term rating, A1+ with a stable outlook.

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