News
21 July 2022

Dangote issues $440m of bonds for refinery project

In:
Oil & gas
Region:
Middle East & Africa

Dangote Industries Ltd (DIL) has completed a NGN187.6 billion ($440 million) series 1 bond issuance, the largest corporate bond in the Nigerian capital market. The transaction comprises a 7-year Tranche-A bond issued at 12.75% and a 10-year Tranche-B bond issued at 13.50% per cent, under the newly...

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