Leasing coy raises 8.7 billion CFA

Alios Finance, considered as leading leasing company in Cameroon, raised 8.730 billion CFA francs on the financial market for an initial target of 8 billion CFA francs.
The National Commission for Financial Markets (CMF) reported it as the first private debenture loan on the local financial market, divided into 800,000 bonds at 10,000 CFA francs per security.
It was launched between November 20 and December 11, 2018 with the investment services provider (ISP) BGFIBank Cameroon as arranger.
It would be noted that this enthusiasm among subscribers contrasts with the enthusiasm recorded a few months earlier by the newly-created Douala Metropolitan Investment Company (SMID), by the urban community of the economic metropolis.
This other debenture loan, carried out on July 5, 2018 for an amount of 10 billion CFA francs, raised only 5.414 billion CFA francs.