Early closing of bond issue by public offering for 2nd tranche of XOF 120 billion in 48H
‘’The ECOWAS Bank for Investment and Development (EBID) and the Consortium composed of IMPAXIS, CORIS Bourse and EDC Investment Corporation are pleased to announce the early closing at the end of the second day of the bond issue by public offering called “EBID 5.90% 2022-2029”.
This early closing marks a new milestone on our Regional Financial Market by enabling a non-sovereign investor to raise a record amount of CFAF 120 billion in 48 hours.
We reiterate our warm thanks to the Investors and to the entire Investment Syndicate for their interest and confidence demonstrated by this rapid early closing.
The ECOWAS Bank for Investment and Development (EBID) has undertaken to mobilize a total amount of CFAF 240 billion in the WAEMU zone.
In view of the recovery from the recent health crisis, EBID will commit these funds to WAEMU Member States to support their economic recovery and development projects, particularly in the infrastructure, energy, agriculture, water and health sectors.
This operation has been approved and authorised by the Regional Council for Public Savings and Financial Markets (CREPMF) under visa N° EOP/22-01.”