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| Kingdom of Morocco | |
| Size | $1 billion 10-year and $500 million 30-year debut Regulation S/Rule 144a bond |
| Bookrunners | Barclays Capital, BNP Paribas, Citi, Natixis |
| return to the Middle East and Africa Deals of the Year index | |
Moving to north Africa, debt was again the most interesting area of the capital markets, and nowhere more so than in the Kingdom of Morocco’s extraordinary $1.5 billion 10- and 30-year dollar debut in December.
This presented investors with something unusual. “The key challenge here was not one facing many sovereigns, like market access or banking problems,” says Charlie Berman, head of public-sector EMEA at Barclays, a bookrunner on the deal.
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