Investors are flocking to NSIA Banque Côte d’Ivoire’s (Jean Kacou Diagou) securitisation fund
By transferring €61 million in healthy debt next month to investors on the stock market, NSIA hopes to free up funds that should help finance the development of small- and medium-sized businesses in Côte d’Ivoire. According to our sources, there are already buyers for more than half of all the securities.
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▪ Investors are flocking to NSIA Banque Côte d’Ivoire’s (Jean Kacou Diagou) securitisation fund
▪ By transferring €61 million in healthy debt next month to investors on the stock market, NSIA hopes to free up funds that should help finance the development of small- and medium-sized businesses in Côte d’Ivoire. According to our sources, there are already buyers for more than half of all the securities.
▪ https://www.africabusinessplus.com/en/802990/investors-are-flocking-to-nsia-banque-cote-divoires-jean-kacou-diagou-securitisation-fund/
Since the subscriptions were opened up on 7 February, appetite for securities has been encouraging “from both institutional and private investors, which should help us reach our target amount by 6 March [the subscription closing date],” explains Eliane Alangba, Deputy CEO of the investment syndicate NSIA finance, to Jeune Afrique Business+.
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