Nigeria Stock lists Axxela Plc's Bond on July 16, 2020

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Apr 24, 2020

The Nigeria Stock Exchange listed Axxela Funding 1 Plc's N11.5 billion series 1, 14.3 per cent Fixed Rate Bond due 2027. It currently increased the bond under its N50 billion Issuance programme.

The bond started at N10 billion originally but at the conclusion of the book build, the issuance was 24 per cent oversubscribed, therefore presenting a mandate to accept an additional 15 per cent of the proposed issuance size.
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