Tosyali Iron Steel Industry Algérie SPA, referred to as “Tosyali Algérie,” is a joint-stock company established in 2007 by Turkish investors with extensive experience in the steel industry. The company has a share capital of 50 billion Algerian dinars.

Since launching its operations in June 2013, Tosyali Algérie has become one of the largest steel producers in Africa. It has made several investments in steel production across a single site located in the Béthioua Industrial Zone (Oran Province), forming a major Steel Hub in the Mediterranean Basin.

To date, the company’s investments include production plants for rebar, wire rod, and spiral pipe, with a combined capacity of 4 million tons per year, as well as an integrated complex for the production of hot-rolled flat steel with an annual capacity of 2.5 million tons.

The company is managed by a team of Algerian and Turkish executives. Following the successful launch of integrated long-steel production complexes, Tosyali Algérie adopted a strategy of growth and diversification, expanding into the production of flat steel—particularly cold-rolled steel—to meet domestic demand in key sectors such as automotive manufacturing, household appliances, construction, shipbuilding, and various other manufacturing industries.

In doing so, Tosyali Algérie helps address the shortage of steel products on the national market, while exporting its surplus to international markets.

Type of Securities: Ordinary Bonds

Quantity Offered: 1,500,000 Ordinary Bonds

Total Value of the Offering: 15,000,000,000 Algerian dinars

Subscription Price: At par (100% of nominal value)

This bond issuance aims to partially finance investments related to the integrated flat steel production complex. The proceeds will enable Tosyali Algérie to continue diversifying its funding sources and further align the maturity of its resources with that of its uses.

Nominal Value: 10,000 

Fixed Annual Coupon: 5.65%

Maturity Date: July 10, 2030

Legal Form: The bonds are bearer and dematerialized. They are recorded in accounts managed by custodians authorized by COSOB and admitted for transactions through Algérie Clearing.

Lead Arranger (IOB): BEA

Placement Syndicate Members: BEA, BNA, CPA, CNEP-Banque, BADR, BDL, SGA, Tell Markets, and Invest Market

Initial Listing Procedure: Direct listing

Head Office Economic Zone – Plateau du Gourirate Bethioua Municipality, Oran, Algeria

Phone: +213 41 79 31 31 / 32

Email: info@tosyalidz.com