Morning Brief of February 19th 2025

FINANCIAL MARKETS HEADLINES

| MOROCCO | JET CONTRACTORS | Issue of an ordinary bond loan by private placement for MAD 400 Mn
In a press release, Jet Contractors announced the issue of an ordinary bond loan by private placement, with qualified investors, for a total amount of MAD 400 Mn. The operation was structured in two tranches:

• Tranche A: Fixed-rate bonds, repayable by linear annual amortizations over 7 years.
• Tranche B: Bonds at an annually revisable rate, repayable by linear annual amortizations over 7 years.

ECONOMIC HEADLINES

| GUINEA-BISSAU | INFLATION | An inflation rate of 5.4% in January 2025
According to the National Institute of Statistics of Guinea-Bissau, the Harmonized Consumer Prices Index recorded an increase of 0.3% in January 2025 compared to the previous month. On an annual basis, the inflation rate stood at 5.4%.

 

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