The Diamond Group banking group has launched a commercial paper issue for a total amount of CFAF 35 billion (€ 53.3 million) through a public offering on the regional financial market of the Economic Union and West African monetary policy (UEMOA). A first trance of one month, until September 30, 2022, aims to raise 20 billion CFA francs, the second trance of 15 billion CFA francs will take place in early 2017. The term of the loan over 18 months ensures a rate interest of 5.75% gross per year..
