Photo: Jason Doiy/ALM Orrick Advises Morocco on €1B Bond Issue Linked to COVID-19
The kingdom, currently battling a new wave of cases from the novel coronavirus, intends to use the bond proceeds to finance its budget deficit and increase its foreign reserves.
October 02, 2020 at 04:29 PM
2 minute read
Orrick Herrington & Sutcliffe has advised the Kingdom of Morocco on a €1 billion bond issue in the international market, part of the country's efforts to shore up its finances as it battles its second wave of increases in COVID-19 cases.
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