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Stock Exchange: 1st listing of “EOCG 6.25% NET 2021-2026” and “EOG 6% NET 2021-2026” stocks

24/08/2021
Categories: Index/Markets

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The ceremony for the first listings of “EOCG 6.25% NET 2021-2026” and “EOG 6% NET 2021-2026” securities will take place at the headquarters of the CEMAC Stock Exchange (BVMAC) on Friday July 30, 2021 at Douala. The announcement was made by Emrald Securities Services Bourse (ESS BOURSE).

These first quotations follow the bond issues by public call for savings by the Republic of Congo and the Gabonese State. The structuring and centralization of these two transactions were carried out by Emrald Securities Services Bourse (ESS Bourse) in its capacity as arranger and lead manager, accompanied by its partners CBC Bourse, Afriland Bourse & Investissement, BICIG, the LCB group and Orabank. . At the close of these various operations, the results were as follows: "the EOCG 6.25% Net 2021-2026 loan", the subscription period of which ran from March 12 to April 21, 2021, was oversubscribed by of 113.23%. Indeed, this second bond issue of the State of Congo has made it possible to mobilize on the regional financial market the sum of FCFA 113,230,000,000 against FCFA 100,000,000,000 initially requested. With an oversubscription of 107.9%, "The EOG 6% Net 2021-2026 loan", the sixth bond issue of the Gabonese State, the subscription period of which ran from May 21 to June 3, 2021, mobilized on the market CEMAC financial institution the sum of FCFA 188,827,750,000 against FCFA 175,000,000,000 initially requested.

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