Dangote Cement Plc – Listing of Bonds on Nigerian stock exchange

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Admin

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Apr 5, 2020
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It looks like Dangote Cement also in trouble with cash. they are listing bonds to be sold soon. see the information below.


Dealing Members are hereby notified that the N100 Billion, 5 Years 12.50% Fixed Rate Series 1 Senior Unsecured Bonds due 2025 under the N300 Billion Debt Issuance Program of Dangote Cement Plc were today, Monday, 15 June 2020 listed on The Nigerian Stock Exchange. The Bonds were 100% subscribed. Below are details of the Bonds:

Screen Shot 2020-06-17 at 10.56.28 AM.png Screen Shot 2020-06-17 at 10.56.28 AM.png
 
Adewale Stock

Adewale Stock

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Apr 15, 2020
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Dangote Cement, Sub-Saharan Africa’s largest cement producer has raised N116 billion in the largest corporate bond issuance in the Nigerian capital market.

The company disclosed this is in a statement made available on the website of the Nigerian Exchange Ltd. (NGX).

Dangote Cement stated that it has completed the issuance of N116 billion series 2 fixed rate senior unsecured bonds under its N300 billion multi-instrument issuance programme.
 
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