Tunisia: BIAT issues a subordinated bond loan of 45 million dinars

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    The “Banque Internationale Arabe de Tunisie” (BIAT) has issued a subordinated bond issue, without recourse to the Public Offering, for an amount of 45 million dinars divided into 450,000 bonds with a nominal 100 dinars.

    Subscriptions for this bond will be received from November 27, 2019 by BIAT counters and will be closed no later than December 27, 2019.

    The issuance of this bond will enable BIAT to strengthen its equity capital and improve its solvency and risk concentration ratios.

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