The Angola Capital Markets Commission has approved the registration of Banco Angolano de Investimentos, S.A.’s public subscription offer for its “BAI 2026-2031” bonds and the associated prospectus for both the offer and admission to trading on a regulated market. The offering covers 2,000,000 dematerialised, registered bonds with a nominal value of AOA 25,000 each, for a total nominal amount of up to AOA 50bn, paying interest at 20% per annum, with an anticipated request for admission to trading on a stock exchange market. The Commission also noted that, under Article 164(5) of the Securities Code, the registration is based on legality criteria and does not provide any guarantee regarding the information disclosed, the issuer’s economic or financial situation, the viability of the offer, or the quality of the securities.
Angola Capital Markets Commission 2025-12-18
Angola Capital Markets Commission registers BAI 2026-2031 bond public offering of up to AOA 50bn
The Angola Capital Markets Commission approved Banco Angolano de Investimentos, S.A.'s public subscription offer for "BAI 2026-2031" bonds and the related prospectus for trading on a regulated market. The offer includes 2,000,000 dematerialised, registered bonds with a nominal value of AOA 25,000 each, totaling up to AOA 50 billion, with a 20% annual interest rate. The Commission emphasized that registration is based on legality criteria and does not guarantee the issuer's financial situation or offer viability.