Absa arranges Dangote Cement’s record bond issuance
The R4.4bn bond issuance is the largest corporate bond issuance in Nigeria
18 June 2020 - 13:51
Banking group Absa said on Thursday that it has arranged Nigeria’s biggest corporate bond issuance, 100-billion naira (R4.4bn) in notes issued by Dangote Cement.
The transaction follows a number of noteworthy transactions in Nigeria Absa said it has participated in, including mergers and acquisitions, and the largest ever initial public offering (IPO) on the Nigerian Stock Exchange — the $4.4bn (R76bn) listing of telecoms group Airtel Africa in July 2019...
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