Morocco Puts Privatization Bonds On Casablanca Bourse
On 8 January, the Moroccan Government invited subscriptions for MD1.5bn ($176.4mn) worth of equity-linked privatization bonds through the Casablanca stock exchange. Subscriptions for the bonds will close on 15 January. In late November, the Ministry of Privatization announced that the bonds would be available sometime in December (MEES, 4 December 1995).
The bonds have a nominal value of...