Nigeria’s largest oil and gas offering
Published by: Sandy Bhadare at 20/04/2021 A Nigerian oil and gas company has engaged Templars on the issuance of Nigeria’s largest ever oil a.
A Nigerian oil and gas company has engaged Templars on the issuance of Nigeria’s largest ever oil and gas bond offering.
Seplat Petroleum Development Company, headquartered in Nigeria and dual-listed on the London and Nigerian stock exchanges, offered senior notes totalling USD 650 million, to be listed on the
London Stock Exchange (LSE).
The offering, which tops the charts for any offering on the international capital markets by a Nigeria-based issuer, exceeds its first bond issuance in 2018, which totalled USD 350 million.