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Sunu Bank wants to mobilize 1.8 billion FCFA via SGI-Togo to increase its capital

16/03/2020
Source : Agence Ecofin
Categories: Economy/Forex

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Banque Populaire pour l'Epargne et le Crédit (BPEC) barely took on the visual identity of its buyer.
Sunu, that she is considering a capital increase.
Sunu Bank-Togo has just issued on the financial market, 400,000 new shares with a par value of 4,500
FCFA, informs an opinion consulted by Togo First. She hopes to collect 1.8 billion FCFA to achieve
the contemplated transaction and strengthen its position on the financial market.
The shares issued, the notice states, "are offered exclusively to former shareholders of the bank
who have the possibility to exercise their preferential subscription rights (DPS) according to an exchange rate of 16,257
old shares for 3,125 new shares”.
The transaction, arranged by SGI-Togo (Management and Intermediation Company), received the approval of the Board
Regional Public Savings and Financial Markets (CREPMF), the Markets Regulatory Authority
WAEMU financiers.
Subscriptions are received until March 26, at the premises of SGI-Togo, Sunu-Bank
Togo (Ex-BPEC) and WAEMU-approved SGIs).

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