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Monday 20 September 2021
HomeNewsTunisia: BH Bank issues 50-million-dinar bond

Tunisia: BH Bank issues 50-million-dinar bond

BH Bank has just secured the approval of the Financial Market Council (CMF) to issue its subordinated bond loan of 50 million dinars, divided into 500,000 subordinated bonds of nominal 100 dinars, likely to be increased to 70 million dinars, divided into 700,000 subordinated bonds of nominal 100 dinars

The subscriptions to this subordinated loan will be opened on 20/09/2021 and closed without notice at the latest on 19/10/2021.

The subordinated bonds of this loan will be offered at different interest rates at the option of the subscriber, set according to the category:

Category A:  5 years including 1 year of grace at a variable rate of MMR+2.55%</li>

Category B: 5 years in fine at a variable rate of MMR+2.70%

Category C: 7 years including 2 years of grace at a fixed rate of 9.10%

Category D: 7 years including 2 years of grace at a variable rate of MMR+2.90%.

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