Project description
Increase the capital in order to support its institutional transformation (from a microfinance institution to a bank)
Issues
Reach the minimum share capital required to become a bank through an IPO on the Central African Securities Exchange (BVMAC)
Client
LA REGIONALE D’EPARGNE ET DE CREDIT SA
Amount of the transaction
XAF 2.5 Billion
Mission of FINANCIA Capital
Arranger
Achievements (2020 - 2021)
- Conducted due diligence
- Structured the operation
- Built a financial model
- Produced the Information Memorandum
- Produced the Information Memorandum Developed of a digital platform for the purchase of shares with payment by electronic means (cell phones, tablets and computers)
- Constituted the underwriting syndicate
- Obtained the visa of the operation from the Regulator (COSUMAF)
- Held roadshow with the investors
- Coordinated the placement process of the shares
- Implemented and finalized the subscriptions
- Listing on the Stock Exchange
- Closed the operation
Project status
Closed in 2021