The National Telecommunications Company of Senegal (SONATEL) will proceed, on January 16, 2021, to the payment of the half-yearly interest of its bond loan called "Sonatel 6.50% 2020-2027" for an amount of 3.250 billion FCFA (4.875 million euros).

In order to finance its 2020 investment plan linked to its operations in Senegal (its main market), Sonatel had launched on the financial market of the West African Monetary Union (WAMU) a bond loan by public call for savings. for an amount of 100 billion FCFA. An interest rate of 6.50%, payable semi-annually from the date of entitlement to the securities (acquired since July 16, 2020), had been offered to subscribers. As for the repayment of the capital, it was also half-yearly, after two years

deferred, i.e. four semesters, at the rate of payment of one tenth of the capital over 5 years.

The operation, which took place from July 7 to 15, 2020, was a great success with the subscription of 10 million bonds at a price of 10,000 FCFA each.

Founded on July 23, 1985, the Sonatel Group, whose head office is located in Dakar, Senegal, is currently present in five countries in West Africa (Senegal, Mali, Guinea, Sierra Leone and Guinea-Bissau).

The Company has more than 32.7 million customers across the territories of presence with a turnover of 1,087 billion FCFA at the end of the 2019 financial year. During this period, Sonatel achieved a consolidated profit of 196.771 billion FCFA down 2.70%.

The Company has been listed on the regional stock exchange (BRVM) since 1998 with a market capitalization of nearly 1,700 billion FCFA as of December 31, 2019. This represents 35.85% of the BRVM Composite index (general stock market index ) and 55.90% of the BRVM 10 index (index of the stock market's 10 flagship stocks).

Endowed with a capital of 50 billion FCFA, Sonatel's main shareholders are the Orange Group (42%), the State of Senegal (27%), the employees (7%) and the rest (24%) various carriers through the BRVM.