Home Finance & Business RCI Finance Maroc calls bondholders to General Assembly

RCI Finance Maroc calls bondholders to General Assembly

Bondholders of RCI Finance Maroc, a key player in Morocco’s financial landscape, have been summoned to an Ordinary General Assembly on January 3, 2025, at 11 a.m. This meeting comes in the wake of a bond issuance totaling 400 million dirhams, carried out in December 2024 by the company, which boasts a capital of 289.78 million dirhams.

The agenda highlights an important decision: the election of a permanent representative for the bondholders. In this context, the assembly is expected to appoint HDID CONSULTANTS, represented by seasoned chartered accountant Mohamed HDID, to take on this pivotal role.

Beyond electing a representative, bondholders will deliberate on granting their delegate the necessary authority to safeguard their collective interests. This includes carrying out management duties in strict compliance with regulatory requirements. Additionally, the assembly will empower representatives to oversee the legal formalities tied to the issuance.

This General Assembly serves as a critical step in ensuring robust governance and protecting investor rights within the framework of this significant financial operation.

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