RABAT Dec 20 (Reuters) – Morocco’s state-run phosphate monopoly OCP may tap international debt markets, the governor of the country’s central bank said on Tuesday, a few months after the world’s top phosphate reserve holder issued a maiden domestic bond.
“OCP (Office Cherifien des Phosphates) has undergone the kind of (financial) restructuring that should allow it to tap the international debt market,” Abdellatif Jouahri told a press conference.
He was referring to a thorough financial grooming which OCP implemented in 2008.
(Reporting By Souhail Karam; Editing by David Hulmes)