source avatarMorocco World News

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Morocco’s phosphate giant @OCPGroup is preparing to raise up to MAD 5 billion ($540 million)  through a perpetual subordinated bond issuance, a financing operation aimed at supporting the second phase of its ambitious industrial, energy, and environmental transformation strategy. The bond program, approved by the Moroccan Capital Market Authority (#AMMC), will be open exclusively to qualified Moroccan institutional investors from June 11 to June 15. OCP has appointed @CDGCapital_News and #AttijariFinancesCorp as financial advisors for the transaction, while CDG Capital and Attijariwafa Bank will oversee the placement of the securities. The fundraising comes as #OCP enters a new investment cycle focused on expanding production capacity, accelerating renewable energy deployment, and strengthening water security. The group aims to reinforce its position as a global leader in sustainable plant nutrition solutions while supporting Morocco’s broader green transition ambitions. Read more: https://t.co/ybREGzF1zJ #Morocco #OCPGroup #Phosphates #AMMC #AttijariwafaBank #CDGCapital

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