Tunisian Tycoon Rached Horchani's Taysir Microfinance To Issue $25-million Debenture Loan

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tunisian tycoon rached horchanis taysir microfinance to issue 25million debenture loan

Taysir Microfinance, a key entity under the HORCHANI Group led by Tunisian tycoon Rached Horchani, will issue a debenture loan through a public offering. The goal is to raise $25 million (40 million Tunisian dinars).

This move aims to support the company's microfinance activities and expand its reach in providing financial services to underserved communities.

The Executive Board of Taysir Microfinance outlined the terms of the debenture loan to attract a wide range of investors. Investors seeking stable returns can benefit from the fixed interest rate.

This rate ranges from 10- to 12.5-percent gross per annum, providing predictable and consistent income.