# Morocco's OCP starts roadshow for up to $2 bln bond | Reuters

> OCP has started an investor roadshow for an international bond of up to $2 billion to fund its development plan, according to a company source on April 22. The bond is intended to finance expansion.

- Date: 2024-04-22 · published 2024-04-22T12:00:00.000Z
- Category: macro · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/31073-morocco-s-ocp-starts-roadshow-for-up-to-2-bln-bond-reuters
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The financing of OCP's capacity expansion is a long-term supply consideration for phosphate fertilizers, with no direct near-term effect on prices.

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/moroccos-ocp-starts-roadshow-up-2-bln-bond-2024-04-22/

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