OCP plans 5 billion dirham bond issuance to fund new transformation phase
via Le Matin4 min read
OCP Group is preparing a bond issuance of up to 5 billion dirhams to strengthen its position as a global leader in phosphates and accelerate its transition towards renewable energies, green ammonia, and water autonomy. The Moroccan Capital Market Authority has approved a perpetual subordinated bond issuance program for a maximum of 5 billion dirhams. The subscription period is scheduled from June 11 to June 15, 2026, and is exclusively reserved for qualified Moroccan investors. CDG Capital and Attijari Finances Corp. are acting as advisors, while CDG Capital and Attijariwafa Bank will handle the placement of the securities. This fundraising is part of a broader investment program initiated by OCP in 2008 to enhance its competitiveness across the phosphate value chain and support its evolution towards a more sustainable industrial model. Following a first phase focused on industrial and logistical capacity development, the group is now engaged in a new investment cycle featuring large-scale mining, energy, and technological projects. A key objective is to increase the production capacity of plant nutrition solutions from 16 to 19 million tons of fully sustainable products by 2027, supported by a new mine in Meskala and a new industrial complex in Mzinda. OCP also aims to power all its industrial facilities with clean energy sources, including solar, wind, and cogeneration, and to achieve water self-sufficiency through new desalination capacities. A strategic focus is the devel
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