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Borrowing Subordinated Bond: the BIAT Reaches the Ceiling of 150 Million Dinars

Summary by Managers
The BIAT announced the closure of its subordinated bond "BIAT Subordinate 2025-1" for a total amount of 150 million dinars. Launched on 5 May 2025, this transaction was completed on 21 May 2025, thus reaching the maximum ceiling set. This loan was made without recourse to the public call for savings, which means that it was reserved for a limited circle of investors, usually institutional. The amount originally foreseen was 100 million dinars, b…
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Managers broke the news in on Friday, May 23, 2025.
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