PRESS RELEASE
ORDINARY BOND ISSUE BY PRIVATE PLACEMENT OF THE LABELVIE COMPANY IN THE AMOUNT OF 1 BILLION DIRHAMS
The LabelVie company carried out an ordinary bond issue by private placement for a total amount of 1,000,000,000 MAD, with qualified investors.
As a reminder, the operation was structured as follows:
A revisable-rate A tranche redeemable at maturity: This tranche, negotiable over the counter, will be redeemable at the end of a 5-year period;
A fixed-rate tranche B repayable at maturity: This tranche, negotiable over the counter, will be repayable at the end of a period of 5 years;
A depreciable revisable rate tranche C: This tranche, negotiable by mutual agreement, will be repayable by linear annual amortizations over a period of 7 years.
The objective of this bond issue will enable the company LabelVie SA to finance its development plan, to diversify its sources of financing, while optimizing their costs.
On this occasion, LabelVie thanks all investors for their trust and support.
Disclaimer
Label’Vie SA published this content on 20 March 2023 and is solely responsible for the information contained therein. Distributed by Publicunedited and unaltered, on 20 March 2023 11:36:01 UTC.