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ADVANS Tunisia issues a bond loan of 15 million dinars

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The General Management of the company ADVANS Tunisia has decided to issue a bond loan for an amount of 15 million dinars divided into 150,000 bonds of 100 dinars nominal and this, without recourse to the Public Call for Savings, according to the following conditions:

Duration Interest rate Annual amortization
5 years 9.4% Gross per year Annual constant from the 1st to the 5th year

Subscriptions and payments for this loan will be received from May 19, 2022 with the stock market intermediary UIB Finance and will be closed no later than June 15, 2022.

ADVANS Tunisie has decided to issue this loan as part of a strategy aimed at strengthening the financial structure of the company by consolidating its resources in the medium and long term, in order to support the development of its activity in the best conditions.

Created in 2013 (operational in March 2015) on the initiative of ADVANS SA, an international microfinance network, with the support of investors and international and Tunisian partners, ADVANS Tunisia employs 442 people and has 18 branches that serve more than 20,000 customers, with an outstanding amount of 129 million dinars at the end of February 2022.

OEO

Posted on 05/20/22 07:30



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