Introduction of "UBCI Subordinated 2025-1" Bond on the Tunis Stock Exchange
The Tunis Stock Exchange has announced the introduction of the "UBCI Subordinated 2025-1" bond to the bond market, with trading set to begin on December 4, 2025. This operation marks a new stage in UBCI's financing strategy and enriches the available bond offer on the exchange.
Bond Details
The bond is divided into two distinct tranches, both with fixed rates:
- Category A: With a gross interest rate of 9.30%, for a duration of 5 years. It consists of 228,000 bonds, each with a nominal value of 100 dinars, for a total subscribed amount of 22.8 million dinars.
- Category C: With an interest rate of 9.40% and a maturity of 7 years, including 2 years of exemption. It represents 372,000 bonds, also valued at 100 dinars each, for a total amount of 37.2 million dinars.
Issuance and Intermediary
Both lines are issued by UBCI, with Union Capital acting as the intermediary in charge of the operation.
Key Dates
- Date of entitlement: November 10, 2025
- First due date: November 10, 2026
- Final due dates: November 10, 2030 for Category A and November 10, 2032 for Category C
Additional Information
The Stock Exchange reminds that the practical modalities related to listing and coupon calculation are available in the dedicated section for notices and decisions on its official website.
