The Moroccan Capital Markets Authority approved a prospectus for Bank of Africa – Groupe BMCE relating to perpetual subordinated bonds featuring a loss-absorption mechanism and provisions allowing coupon payments to be cancelled, issuing the approval as a financial operations visa under press release CP/EM/022/2025.
Moroccan Capital Markets Authority 2025-06-13
Moroccan Capital Markets Authority approves Bank of Africa prospectus for perpetual subordinated bonds with loss absorption and coupon cancellation
The Moroccan Capital Markets Authority approved a prospectus for Bank of Africa – Groupe BMCE's perpetual subordinated bonds, which include a loss-absorption mechanism and provisions for cancelling coupon payments. The approval was issued as a financial operations visa under press release CP/EM/022/2025.