WARA renews the “tAAA” rating of FCTC Nsia Banque senior bonds 7% 2020-2025

West Africa Rating Agency (WARA) affirmed, at the end of its semi-annual review, the long-term rating in regional currency “tAAA” of the “senior” bonds of the FCTC NSIA BANQUE 7% 2020-2025, for an initial amount of 40 billion FCFA. These bonds have a maturity of 5 years.

For reference, this rating of “° tAAA °” is the maximum rating allowed by the regional rating scale. The outlook remains stable.

At the same time, WARA also affirmed the Credit Rating rating of “ec.A / Stable / w-3” to NSIA Banque Côte d’Ivoire, the Assignor of the securitization transaction.

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