The general management of the company Tunisie Leasing & Factoring (TLF) has decided to issue a subordinated bond loan “TLF Subordonné 2025” for an amount of 15 million dinars, which may be increased to 20 million dinars.
It is divided into 150,000 subordinated bonds, which may be increased to 200,000 bonds, with a face value of 100 dinars each.
The company has set the duration and interest rate of the subordinated loan at 5 years and 9.25% respectively.
Subscriptions for this subordinated loan will open on October 29, 2025, and will close, without prior notice, no later than November 7, 2025.
They may be closed without prior notice as soon as the maximum amount of the issue (20 million dinars) is fully subscribed.
Subscriptions for this subordinated bond issue and payments will be accepted starting Wednesday through stock broker MAC SA and other brokers.
As a financial institution, Tunisie Leasing & Factoring is required to recurrently mobilize the resources necessary to finance its support for the Economy.
As such, this bond issue will allow the company to further strengthen its net equity by providing it with a resource better suited to the maturity profile of its operations.
