CardinalStone Commemorates Debut Listing Of N5Bn Bond On NGX Date
20/05/2021
CardinalStone Partners Limited took to the platform of Nigerian Exchange (NGX) Limited to commemorate the listing of its N5Billion bond with a digital Closing Gong Ceremony on Thursday, 20 May 2021. The debut listing was the CardinalStone Financing SPV Plc’s â¦5bn, 5-Year Series 1 bonds under the company’s â¦10 Billion debt issuance programme.
Speaking at the ceremony, the Divisional Head, Listings Business, NGX Limited, Mr. Olumide Bolumole stated, “At NGX Limited, we continue to provide issuers with a platform that allows them meet their strategic business objectives and it is our delight to see issuers take full advantage of our products and services to support their growth story. We are, therefore, excited about the successful listing of the CardinalStone Financing SPV Plc’s â¦5bn Series I Bond on the NGX Platform as it creates an avenue for price discovery and liquidity fo
As businesses and institutions adjust to the new ‘normal’, corporate entities have continued to seek innovative and capital effective ways to source funding to finance their institutional needs. In keeping to its commitment of providing a reliable and credible platform to support capital formation, FMDQ Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”) is pleased to announce the approval and admission for quotation of the MTN Nigeria Communications PLC (“MTN Nigeria” or “the Issuer”) N19.77 billion Series 3 and N53.74 billion Series 4 Commercial Papers under its N200.00 billion Commercial Paper Issuance Programme on its platform.
MTN Nigeria Communications PLC (“MTN Nigeria”) is Nigeria’s premier provider of connectivity, communication and collaboration solutions, and the largest privately owned mobile operator in Africa, Europe, and the Middle East. The company serves over sixty-one (61) million subscribers with national coverage and a fibre
FMDQ Exchange lists MTN Nigeria s additional commercial papers punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.
CAP Plc And Portland Paints Plc Engage Stakeholders Via Nigerian Stock Exchangeâs Facts Behind The Merger Date
10/02/2021
Chemical and Allied Products (CAP) Plc and Portland Paints and Products Nigeria (Portland Paints) Plc leveraged The Nigerian Stock Exchange’s (NSE or The Exchange) Facts Behind the Merger to engage stakeholders on Tuesday, 9 February 2021. The merger was also commemorated with the NSE’s digital Closing Gong Ceremony.
CAP and Portland Paints – both subsidiaries of UAC of Nigeria – recently secured the approval of shareholders to merge both businesses. By combining both companies, CAP Plc, being the resulting entity will expectedly benefit from the diversified revenue base, economies of scale and operational efficiencies that this merger presents.