2024-05-10 13:02:34
TGCC SA: the AMMC aims to update the information file relating to the commercial paper issuance program
Rabat – The Moroccan Capital Market Authority (AMMC) approved, on Wednesday, the annual update of the information file relating to the commercial paper issuance program of TGCC SA.
This information file consists of the TGCC SA reference document, relating to the 2022 financial year and first half of 2023, registered by the AMMC on January 3, 2024 under the reference EN/EM/001/2024, as well as the note relating to the commercial paper issuance program registered by the AMMC on February 21, 2023 under the reference EN/EM/007/2023, indicates the Authority in a press release.
The program is mainly characterized by a ceiling of 500,000,000 dirhams, a nominal unit value of 100,000 dirhams, a maturity ranging from 10 days to 12 months and a fixed interest rate determined for each issue according to market conditions, recalls the same source.
The information file is made available to the public at the head office of TGCC SA, on its website and among members of the placement syndicate, as it is available on the AMMC website.
2024-05-10 13:02:34