Afriquia Gaz has successfully completed a private bond placement, raising 600 million dirhams from qualified investors. Structured as a single tranche with a bullet repayment due in five years, this operation aligns with the company’s financial strategy aimed at optimizing its funding structure and supporting its ambitious growth plans.
This capital injection will allow Afriquia Gaz to diversify its financing sources, reduce debt costs, and refinance an existing bond maturing in 2025. The funds will also be directed towards future investment projects, enabling the company to meet the increasing demands of the market while reinforcing its position as a leader in the gas distribution sector.
By securing substantial financial resources, Afriquia Gaz reaffirms its commitment to sustainable growth and long-term strategic planning. This bond issuance reflects the confidence of investors in the company’s solid financial health and resilience, as it continues to adapt its business model to evolving energy market trends and the challenges of the energy transition.
