Parthian Partners Delivers on N10bn Bond, Cementing Investor Trust and Market Credibility
Story Breakdown:
Parthian Partners Limited has marked a major milestone in Nigeria’s capital market with the full redemption of its ₦10 billion three-year fixed-rate senior unsecured short-term bond, which matured in August 2025. This repayment signals the successful completion of its debt issuance programme launched under the FMDQ Securities Exchange’s short-term bond framework back in August 2022.
The bond, issued at a 13.50% coupon rate, was fully subscribed by a diverse base of institutional investors — an achievement that reflects strong confidence in the firm’s financial health and leadership. Notably, this was the first short-term bond issuance by an interdealer broker in Nigeria, making it a pioneering move within the financial services industry.
Over its three-year term, the bond was praised for its timely coupon payments and consistency, reinforcing Parthian’s reputation for reliability in the eyes of investors and analysts alike.
Leadership Speaks:
• Oluseye Olusoga, Managing Director and CEO of Parthian Partners, expressed pride in meeting all obligations, emphasizing that the full repayment was a testament to the firm’s financial discipline and long-term vision for value creation.
• Olayinka Arewa, Chief Financial Officer, echoed this sentiment, calling the redemption a clear demonstration of sound financial stewardship. He reaffirmed the firm’s focus on maintaining a robust credit profile while continuing to deliver innovative capital market solutions.
Strong Credit Ratings:
Parthian’s solid performance is reflected in its investment-grade ratings:
• Bbb (Stable Outlook) by Agusto & Co
• BBB+ (Stable Outlook) by DataPro
These ratings point to strong capitalization, profitability growth, and steady ownership backing.
About Parthian Partners:
Parthian is Nigeria’s first inter-dealer broker, licensed by the Securities and Exchange Commission since 2012 and a member of the FMDQ Securities Exchange. With proven expertise across fixed income, structured finance, equities, and M&A advisory, the firm has facilitated over ₦5 trillion in secondary market transactions and more than $1.5 billion in Eurobond trades.
This successful bond redemption not only bolsters investor confidence in Parthian but also demonstrates the potential of Nigeria’s short-term debt market when guided by sound governance and strategic foresight.
Story Breakdown:
Parthian Partners Limited has marked a major milestone in Nigeria’s capital market with the full redemption of its ₦10 billion three-year fixed-rate senior unsecured short-term bond, which matured in August 2025. This repayment signals the successful completion of its debt issuance programme launched under the FMDQ Securities Exchange’s short-term bond framework back in August 2022.
The bond, issued at a 13.50% coupon rate, was fully subscribed by a diverse base of institutional investors — an achievement that reflects strong confidence in the firm’s financial health and leadership. Notably, this was the first short-term bond issuance by an interdealer broker in Nigeria, making it a pioneering move within the financial services industry.
Over its three-year term, the bond was praised for its timely coupon payments and consistency, reinforcing Parthian’s reputation for reliability in the eyes of investors and analysts alike.
Leadership Speaks:
• Oluseye Olusoga, Managing Director and CEO of Parthian Partners, expressed pride in meeting all obligations, emphasizing that the full repayment was a testament to the firm’s financial discipline and long-term vision for value creation.
• Olayinka Arewa, Chief Financial Officer, echoed this sentiment, calling the redemption a clear demonstration of sound financial stewardship. He reaffirmed the firm’s focus on maintaining a robust credit profile while continuing to deliver innovative capital market solutions.
Strong Credit Ratings:
Parthian’s solid performance is reflected in its investment-grade ratings:
• Bbb (Stable Outlook) by Agusto & Co
• BBB+ (Stable Outlook) by DataPro
These ratings point to strong capitalization, profitability growth, and steady ownership backing.
About Parthian Partners:
Parthian is Nigeria’s first inter-dealer broker, licensed by the Securities and Exchange Commission since 2012 and a member of the FMDQ Securities Exchange. With proven expertise across fixed income, structured finance, equities, and M&A advisory, the firm has facilitated over ₦5 trillion in secondary market transactions and more than $1.5 billion in Eurobond trades.
This successful bond redemption not only bolsters investor confidence in Parthian but also demonstrates the potential of Nigeria’s short-term debt market when guided by sound governance and strategic foresight.