Yerim Sow's Teyliom group raises funds by securitizing its real estate receivables. In total, 20 billion CFA francs were collected in order to make the Teyliom Group a reference investor on the African continent, innovative and proactive.

After the Cofina and NSIA groups, it is Teyliom's turn to use securitization to raise funds. The operation arranged by ALC Structuration concerns the Group's real estate receivables. BRIDGE SECURITIES and NSIA Finance are the co-lead managers of the operation. The "FCTC TEYLIOM IMMO 7% 2021-2028" is part of the Teyliom Group's ambition to be a "benchmark investor on the African continent, innovative and proactive", reads the prospectus.

With a maturity of 84 months and a net rate of 6.86%, this transaction of securitization of receivables on rental income will enable the Group to finance the development of its activities for an amount of XOF 20 billion. The WARA rating agency has assigned a AAA rating to this transaction, given the robustness of its structuring and hedging mechanisms. The repayment of the capital will be done with 4 quarters of deferral and a gross interest rate of 7%.