# OCP to Repay Early a 10-Year 'Perpetual' Loan: What Does It Mean for Bondholders and the Group?

> Morocco's OCP Group has exercised its early redemption option on a perpetual subordinated bond issued in December 2016, with repayment set for December 23, 2026. All six tranches (A to F) will be repaid at nominal value of 100,000 dirhams per bond plus accrued interest, through CDG Capital in coordination with Maroclear.

- Date: 2026-11-13 · published 2026-11-13T15:11:35.753Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/98006-ocp-to-repay-early-a-10-year-perpetual-loan-what-does-it-mean-for-bondholders
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The early repayment is a financing and balance-sheet move with little direct effect on phosphate or fertilizer supply. It suggests OCP has strong cash flow from global fertilizer demand, which could support its capacity to keep supplying phosphate products.

## Sources

- detafour.com: https://detafour.com/ocp-%D8%AA%D8%B3%D8%AF%D8%AF-%D9%85%D8%A8%D9%83%D8%B1%D8%A7%D9%8B-%D9%82%D8%B1%D8%B6%D8%A7%D9%8B-%D8%AF%D8%A7%D8%A6%D9%85%D8%A7%D9%8B-%D8%B9%D9%85%D8%B1%D9%87-10-%D8%B3%D9%86%D9%88%D8%A7%D8%AA/

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