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The proceeds from the Dangote Cement Plc Series 1 Tranches 1-3 bonds will be used to fund expansion projects and working capital expenditure.

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Honeywell Nigeria Plc has been in the news lately over its indebtedness to First Bank Plc. The Central Bank issued a query to the bank last week asking that it recover the loans within 48 hours while also divesting from its equity interest in the company. Honeywell in turn issued a press release claiming that its First Bank loans are being serviced and that it has paid down the loans by 30% over a two-year period. “Honeywell Group has continued to meet all its obligations on its facilities with the Bank according to agreed terms and has reduced its exposure by nearly 30% in 2.5 years. The f...

Realty Income Announces Operating Results For First Quarter 2021 News provided by Share this article Share this article SAN DIEGO, May 3, 2021 /PRNewswire/ -- Realty Income Corporation (Realty Income,NYSE: O), The Monthly Dividend Company ®, today announced operating results for the first quarter ended March 31, 2021. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise. COMPANY HIGHLIGHTS Net income per share was $0.26 AFFO per share was $0.86 Invested $1.03 billion in properties and properties under development or expansi...

Share this article Share this article OTTAWA, ON, April 30, 2021 /CNW Telbec/ - Budget 2021 is the Government of Canada's plan to finish the fight against COVID-19 and ensure a robust economic recovery that is inclusive of all Canadians. Today, Pam Damoff, Parliamentary Secretary to the Minister of Indigenous Services, met with a small roundtable of Indigenous women entrepreneurs and partner organizations to discuss the broad challenges women face in establishing and maintaining businesses and investments from Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience. The COVID-19 rece...