Page 14 - Michel Puchercos News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Dangote Cement restarts clinker exports alongside strong first half to 2021
globalcement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcement.com Daily Mail and Mail on Sunday newspapers.
Dangote Cement sales jump to record on African demand rush
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.
Dangote Cement Becomes First Nigerian Company to Report its Results Using
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.
By Goddy Egene
Dangote Cement Plc has announced its successful issuance of a N50 billion Series 1 Fixed Rate Senior Unsecured bond under its new N300 billion multi-instrument issuance programme.
The leading cement manufacturing firm said in a statement that despite market headwinds, the bond issuance was well received and recorded participation from a wide range of investors including domestic pension funds, asset managers, insurance companies and high net-worth investors.
According to the company, the proceeds of the bond issuance will be deployed for its expansion projects, short-term debt refinancing and working capital requirements.
The bonds were issued at coupon rates of 11.25 per cent, 12.50 per cent and 13.50 per cent for the 3, 5 and 7 years tranches respectively.