Investment bank lists N5 billion bond on FMDQ | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 94%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

CardinalStone Partners Limited has announced the listing of the CardinalStone Financing SPV Plc N5 billion series one bond on FMDQ Securities Exchange Limited.

The company successfully closed the bond, which is the lowest priced bond by any non-bank financial institution in Nigeria, for a similar tenor in the last ten years.

Under this listing, the company’s bond has been successfully admitted to the daily quotations, list of the FMDQ and this means that investors who already hold the bonds can trade while new investors have an opportunity to buy at the secondary market.Commenting on the bond issue, the Managing Director of CardinalStone Partners Limited, Michael Nzewi, said the full subscription demonstrated investors’ confidence in the firm and the ability of the management to create value for stakeholders.

According to him, by successfully raising this financing, the company is better positioned to sustain its impressive growth in the coming years.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 1. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen