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News BUA Cement issues US$290m bond

BUA Cement issues US$290m bond

Written by Global Cement staff 05 January 2021
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Nigeria: BUA Cement has successfully concluded a US$290m Series 1 fixed-rate senior unsecured bond issue. The Punch newspaper has reported that the company utilised US$290m of its US$505m maiden bond issue in line with regulatory guidelines. It was nonetheless oversubscribed by nearly US$350m. The group said that it will apply to dual-list the bond on the relevant exchanges, subject to necessary approvals.

Last modified on 06 January 2021
Published in Global Cement News
Tagged under
  • Nigeria
  • BUA Cement
  • corporate
  • Finance
  • bond
  • GCW487

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