Capital Markets Authority approves 5B OCP bonds

The Moroccan Capital Market Authority announced its approval for the issuance of OCP Group's bond loan of five billion dirhams. It consists of four tranches, each with a total value ranging around 1.25 billion dirhams. The subscription period is from June 11 to June 15, 2026. The bonds include various interest periods ranging between 2.87% and 4.82%, with annual review options every year or every 6, 12, or 20 years, depending on the tranche.