IFC loan on Douala Stock Exchange draws to a close

On January 22, 2015, the Caisse autonome d’amortissement (CAA), which acts as a central deposit facility for securities (DVCM), announced on December 17, 2014, the close of the “IFC 4.25% 2009-2014” bond loan.

The CAA notes that this follows “the full reimbursement of the principal and the final payment to investors by the International Financial Corporation, the issuer of this security”. This was indicated in an official release.

The exercise was certainly a positive one for the bond loan’s placement arrangers and leaders – Banque International du Cameroon pour l’épargne et le crédit (BICEC), the local subsidiary of Banque populaire; EDC Investment Corporation, the investment division of the Ecobank group; and BGFI Bourse, the BGFI group’s stock market intermediation subsidiary.