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Sunday 25 July 2021
HomeNewsTunisia: Arab International Lease successfully raises 20 million dinars on bond market

Tunisia: Arab International Lease successfully raises 20 million dinars on bond market

Stock exchange broker, MAC SA, announced that subscriptions to the bond issue “AIL 2021-01” of 15 million dinars likely to be increased to a maximum of 20 million, issued without recourse to the Public Call for Savings opened to the public on March 29, 2021, were closed on April 1, 2021, for an amount of 20 million dinars.

The bonds of this issue are offered at a fixed interest rate of 9.80% gross per annum calculated on the outstanding face value of each bond at the beginning of each period under which interest is served and at a single term of 5 years.

Annual payments of interest and repayment of principal will be made in arrears on 02/04 of each year. The first interest payment will occur on 02/04/2022 while the first principal repayment will occur on 02/04/2022.

The issuance of this bond is part of the mobilization of resources necessary for the operation.

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