OCP: Early Redemption of Perpetual Subordinated Bond on December 23
The OCP Group has announced its decision to proceed with the early redemption of its subordinated perpetual bond issued on December 23, 2016, in accordance with the provisions outlined in the issuance contract.
In a statement released on Thursday, November 13, 2026, the group clarified that this operation will take place on December 23, 2026, which corresponds to the first maturity date at which it could exercise its early redemption option.
The operation will encompass all outstanding bonds, covering the six tranches A, B, C, D, E, and F.
The bonds will be redeemed at their nominal value, set at 100,000 dirhams per bond, plus the coupon payable on the redemption date, in line with the terms of the issuance.
The operation will be executed by CDG Capital, acting as the centralizing institution, as well as the custodian of the securities and the domiciliary for the issuance, in coordination with Maroclear and the relevant account holders.
Bondholders are encouraged to contact their respective custodial institutions for practical information regarding the details of this redemption.
