Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Office Cherifien de Phosphate > News item |
Morocco's OCP sets talk at 6% area for about $1 billion 10-year notes
By Christine Van Dusen
Atlanta, April 15 - Morocco's Office Cherifien de Phosphate (OCP) set talk in the 6% area for its upcoming issue of about $1 billion of notes due in 10 years (expected rating: //BBB-), a market source said.
The proceeds will be used to fund the company's expenditure program and for general corporate purposes.
OCP is a phosphate exporter based in Casablanca.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.