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OCP Group, Morocco's state-owned phosphate producer, plans to issue 5 billion dirhams (about 500 million dollars) in bonds between December 10 and 12, 2024. The bonds have five tranches with maturities from 10 to 30 years and fund its green investment program.
This is a financing event for a major phosphate producer and has no direct effect on supply, demand or prices for feed commodities.
atalayar.comAntonia P. TorresDec 10, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
