Home Business Capital MTN Nigeria Secures Approval To Launch N90Bn Series II Bond Under Its Debut N200Bn Bond Issuance
Capital

MTN Nigeria Secures Approval To Launch N90Bn Series II Bond Under Its Debut N200Bn Bond Issuance

Share
MAN Logo
Share

Image Credit: MTN

October 8, 2021/NGX

MTN Nigerian Communications Plc (MTN Nigeria) has obtained the approval of the Securities and Exchange Commission to launch the Series II 10-Year Fixed Rate Bond (Series II Bond) announced on 21 September 2021. The Series II Bond represents the completion of the N200 billion registered shelf programme. In addition, the bond issuance continues to reinforce MTN Nigeria’s strategy of diversifying its funding sources.

MTN Nigeria will launch the book build in respect of the Series II Bond on 8 October 2021.

Share

Businesstoday Magazine

Businesstoday Conference/Awards

Related Articles

CSCS Unveils Regconnect Version 2: Revolutionising Data Exchange  For Registras

CSCS Unveils Regconnect Version 2: Revolutionising Data Exchange  For Registras CSCS UNVEILS...

FCMB Group Lists 19.8bn Shares On NGX After Oversubscribed Public Offer

FCMB Group Plc has listed 19.8 billion shares on the Nigerian Exchange...

H2: Oando Announces 45% Growth In Revenue To N4.1Trillion  

Oando PLC, Africa’s leading integrated energy company, has announced a strong financial...

NGX Group Hosts Katsina State Governor, Strengthens Collaboration On Capital Market Opportunities

Nigerian Exchange Group (NGX Group) hosted the Executive Governor of Katsina State,...