Established in 2006, Maghreb Leasing Algérie, abbreviated MLA, was created at the initiative of TUNISIE LEASING with the support of its reference shareholder, the AMEN Group.

MLA is a joint-stock company under Algerian law, legally incorporated on January 15, 2006.

Since 2020, its share capital amounts to six billion five hundred million Algerian dinars (6,500,000,000 DA), divided into six million five hundred thousand (6,500,000) shares of one thousand (1,000) DA each, fully subscribed and paid up.

The company’s purpose is to finance leasing operations involving movable property for industrial and professional use, such as: transport equipment, machine tools, utility vehicles, public works and construction equipment, handling equipment, medical equipment, IT and office equipment, real estate for professional use, and any other operations directly or indirectly related to its main purpose.

MLA was accredited by the Bank of Algeria under Decision No. 02-06 dated March 11, 2006. It filed its tax existence declaration with the El Madania Tax Inspectorate in Algiers and completed registration formalities with the National Social Security Fund (CNAS).

MLA benefited from the technical assistance of TUNISIE LEASING & FACTORING, particularly in the selection of its information system, the recruitment of its first executives, and the drafting of its procedures manual.

Nature of the securities Ordinary bonds

Quantity offered 400,000 Bonds

Total Value of the Offering    4 billion DA

Subscription price At par (100% of nominal value)

Purpose of the issue The proceeds of the issue will be used to refinance MLA’s leasing activity.

Nominal value 10,000 DA

Fixed annual Coupon 5.65%

Maturity date November 23, 2030

Legal form The bonds are registered and dematerialized.

Interest accrual date November 23, 2025

Negotiability   Professional investors’ market

Repayment Annual constant amortization (800,000,000 DA)

Lead manager  / Placement syndicate : BDL, CNEP-Banque, BADR, BEA, SGA, CPA, BNA

Initial listing procedure Direct listing

Head office: 39, Rue Djenane El Malik, Hydra, Algiers

Tel.: +213 23 48 20 20

Fax: +213 23 48 24 24

Email: contact@mla.dz