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Published on 4/22/2024 in the Prospect News Emerging Markets Daily.

Morocco’s OCP conducts roadshow for dollar-denominated senior bonds

Chicago, April 22 – OCP SA started a roadshow on Monday for a two-tranche senior bond offering that will be dollar-denominated (Baa3/BB+/BB+), according to a source.

The benchmark deal is expected to have a 10-year tranche and potentially a 30-year tranche.

BNP Paribas, Citigroup and JPMorgan are the bookrunners.

The Casablanca, Morocco-based company is global leader in the fertilizer industry.


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