Maroc Telecom has successfully completed its first private bond issuance on the Moroccan market, raising 3 billion Moroccan dirhams as part of its strategy to strengthen financial flexibility and support long-term investment plans.
The operation represents a significant milestone for the African telecom operator and forms part of the company’s broader strategic transformation and financial optimisation programme.
Conducted through a private placement, the bond issuance attracted strong interest from institutional investors, reflecting market confidence in the company’s financial stability and long-term growth prospects.
The bond has a two-year maturity with bullet repayment and was issued at a fixed interest rate of 2.37%, which includes a risk premium of 20 basis points.
Maroc Telecom said the funds raised will be used partly to refinance existing debt, while also providing additional financial flexibility to support investment in key strategic areas.
These include the deployment of 5G networks, expansion of fibre-optic infrastructure, improvements in customer experience, and the development of innovative digital solutions for enterprise clients.
The financing initiative aligns with Maroc Telecom’s broader ambition to strengthen its leadership role in Africa’s digital transformation, while supporting the rollout of next-generation telecommunications infrastructure across its markets.
