(Agence Ecofin) – In Senegal, the port of Dakar raised $ 169 million (for $ 107 million sought) on the WAEMU financial market after only 12 days of subscription. A sign of investor confidence. The funds will be used, among other things, for the construction of the industrial port zone of the future port of Ndayane.
The public call for savings called “PAD 6.60% 2020-2027” launched on October 1, 2020, on the WAEMU regional financial market was a great success for the Autonomous Port of Dakar (PAD). For this bond loan, which closed early on October 12, the total amount of subscriptions collected amounts to 94,623,990,000 FCFA ($ 169 million) out of the 60 billion ($ 107 million) sought. That is a subscription rate of 157.71%, announces the management of the port platform.
The PAD had appointed SGI Invictus Capital & Finance as arranger and lead manager for the structuring and placement of this transaction, the subscriptions of which initially ran until October 30, 2020. ” The early closing of this operation reflects the constantly renewed confidence of investors in the autonomous port of Dakar and in the policy of the State of Senegal aimed at setting up an industrial logistics hub at the regional level. », Welcomes the institution.
To believe, the director of PAD, Aboubacar Sedikh Bèye (photo), the funds mobilized will allow ” to build, on the one hand, roads and common infrastructures (VRD) and, on the other hand, to make the industrial port zone [du port de Ndayane, Ndlr] ready to receive the first investors ”. He admitted that the port of Dakar was undergoing a ” investment delay »At the origin of a certain blockage to the detriment of the Senegalese economy.
Romuald Ngueyap
Read also: 02/10/2020 – Senegal: the Autonomous Port of Dakar launches an issue of $ 107 million on the WAEMU financial market
window.fbAsyncInit = function() FB.init(version: 'v2.3',appId: '103459506425194', status: false, cookie: true, xfbml: true); FB.Event.subscribe('comment.create', jfbc.social.facebook.comment.create); FB.Event.subscribe('comment.remove', jfbc.social.facebook.comment.remove); FB.Event.subscribe('edge.create', jfbc.social.facebook.like.create); FB.Event.subscribe('edge.remove', jfbc.social.facebook.like.remove); ; (function(d, s, id) var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "https://connect.facebook.net/fr_FR/sdk.js"; fjs.parentNode.insertBefore(js, fjs); (document, 'script', 'facebook-jssdk'));
Source link by https://www.agenceecofin.com/gestion-publique/1510-81342-le-port-de-dakar-securise-169-millions-usd-sur-un-emprunt-obligataire
*The article has been translated based on the content of Source link by https://www.agenceecofin.com/gestion-publique/1510-81342-le-port-de-dakar-securise-169-millions-usd-sur-un-emprunt-obligataire
. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!
These were the details of the news The port of Dakar secures 169 million USD on a bond... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at en24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
