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MTN issues Nigerian bond | ALB Article


Published by:
Andrew Mizner
at 01/06/2021
Telecoms company MTN Nigeria has issued a NGN 110 billion bond as it seeks to manage its debt and finance.
Telecoms company MTN Nigeria has issued a NGN 110 billion bond as it seeks to manage its debt and finance infrastructure investment.
The Nigerian subsidiary of South Africa telecommunications company
MTN has issued a fixed rate bond worth NGN 110 billion (USD 266 million).
Headquartered in Lagos,
MTN Nigeria Communications made the issue as part of its wider NGN 200 billion (USD 484 million) bond issuance programme. It is the first such issuance to be made by a telecoms company in Nigeria, and is the largest corporate bond issue in the debt capital market in 2021 to date. ....

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