The company Tunisie Leasing & Factoring (TLF) has just obtained the approval of the Financial Market Council (CMF) on the issue and admission to the bond market of the stock exchange quotation of the bond loan “TLF 2021-1”.
The loan is issued for an amount of 25 million dinars, which may be increased to 40 million, divided into 250,000 bonds of 100 dinars par value, which may be increased to a maximum of 400,000 bonds of 100 dinars par value.</p>
The bonds of the present loan will be offered at rates fixed at 9.70% and/or MMR+2.75% gross per year for a duration of 5 years.
Subscriptions and payments will be received from March 2, 2021 at the counters of the stock exchange intermediary, Tunisie Valeurs, and closed no later than April 15, 2021.
The rating assigned by Fitch Ratings to the “TLF 2021-1” loan is BBB (tun) as of February 12, 2021.