CFSL – Communique – 05.11.2026
COMMUNIQUE
Further to the communiqué released by CIM Financial Services Ltd (‘CFSL’ or the ‘Company’) on 07 September 2026, the Board of Directors (the ‘Board’) of CFSL wishes to inform shareholders, noteholders and the public in general that the Company has successfully raised MUR 1,300,000,000 through the issuance of notes (the ‘Notes’) on 04 November 2026. The Notes were issued under the MUR 9,000,000,000 Medium Term Note Programme set out in the listing particulars dated 09 October 2026 (the ‘Listing Particulars’). The Notes qualify as ‘Green Bonds’ under the Guidelines for the Issue of Corporate and Green Bonds in Mauritius issued by the Financial Services Commission ('FSC') in December 2021, as amended in April 2022.
The salient features of the Notes issued are as follows:
|
Series Name |
CFSL 5.50% 04/11/28 |
|
Currency |
MUR |
|
Nominal Amount |
MUR 1,300,000,000 |
|
Status of the Notes |
Senior secured |
|
Benchmark rate on Government Securities used |
4.80% |
|
Spread |
0.70% |
|
Fixed Coupon Rate |
5.50% |
|
Issue Date |
04 November 2026 |
|
Interest Payment |
On each 04 May and 04 November |
|
Maturity Date |
04 November 2028 |
|
Credit Rating |
CARE MAU AA+; stable outlook |
The Notes issued are rated AA+ with a stable outlook by CARE Ratings (Africa) Private Limited (‘CARE’). CARE is a credit rating agency licensed by the FSC.
An application will be made to the Listing Executive Committee of The Stock Exchange of Mauritius Ltd (‘SEM’) for the listing of the Notes on the Official Market of the SEM.
By order of the Board
Cim Administrators Ltd
Company Secretary
05 November 2026
This communiqué is issued pursuant to SEM Listing Rules 10.4 and 11.3 and part 5.1 of the FSC Guidelines for Issue of Corporate and Green Bonds in Mauritius.
The Board of CFSL accepts full responsibility for the accuracy of the information contained in this communiqué.
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