MTN Nigeria raises NGN 90 bln in 10-year bonds issue

Monday 8 November 2021 | 09:46 CET | News
MTN Nigeria announced that it successfully raised NGN 89.99 billion in the issue of Series II ten-year 12.75 percent bonds due 2031 under its NGN 200 billion Bond Issuance Programme. The company said book building commenced on 08 October and was completed on 15 October. The offer was well received with active participation from a diverse range of high value investors, including pension funds, insurance companies, asset managers, financial institutions, and high net worth individuals.

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Categories: Mobile & Wireless
Companies: MTN Nigeria
Countries: Nigeria
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