The Moroccan Capital Markets Authority approved the annual update to TGCC SA’s information dossier for its commercial paper issuance program. The program has a ceiling of MAD 500 million, a unit nominal value of MAD 100,000 and maturities ranging from 10 days to 12 months, with a fixed interest rate determined for each issuance according to market conditions. The updated dossier comprises TGCC’s reference document for the 2025 financial year and the commercial paper program note registered in February 2023.