Moroccan Group ONAIssues Shares Worth $45Mn
Moroccan group ONA, which has interests in a variety of sectorsin the Moroccan economy, issued shares worth $45mn between 17 and 25 June. Themoney raised by selling the shares will be used to repay debt which is comingdue. The issue was made up of 5,000 shares worth MD100,000($9,407) each, which are registered on the Casablanca Bourse and are not tradeable. The nominal interest rate on the issue, whichwas restricted...