# OCP Group will issue 5 billion dirham bonds as part of its green investment programme

> 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.

- Date: 2024-12-10 · published 2024-12-10T12:00:00.000Z
- Category: macro · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/27288-ocp-group-will-issue-5-billion-dirham-bonds-as-part-of-its-green-investment
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

This is a financing event for a major phosphate producer and has no direct effect on supply, demand or prices for feed commodities.

## Sources

- atalayar.com: https://www.atalayar.com/en/articulo/economy-and-business/ocp-group-will-issue-5-billion-dirham-bonds-part-of-its-green-investment-programme/20241210080000208678.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.