Jet Contractors have successfully created a decent bond period from private investments to qualified investors in a total amount of 400 million DH.
This company, which is part of the financing strategy of the metal construction specialist, was structured in two tranches, said Jet contractor in a press release. Tranche A deals with fixed interest obligations, which can be reimbursed by linear annual depreciation over 7 years, while Bran B refers to bonds with an annual transmission rate, which can also be reimbursed by linear annual depreciation over 7 years.
Through this new bond program, JET contractors pursue two strategic goals: Financing of his development plan by consolidating its long -term financial resources and diversifying its sources of financing in order to improve the financial structure and the cost of capital.
Note that during the board of directors of the Board of Directors on February 12, which recently determined the final features of this operation, Amine Baakili appointed the preliminary agent of the mass of bonds and set its remuneration.
