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CardinalStone Commemorates Debut Listing Of N5Bn Bond On NGX


CardinalStone Commemorates Debut Listing Of N5Bn Bond On NGX
Date
20/05/2021
CardinalStone Partners Limited took to the platform of Nigerian Exchange (NGX) Limited to commemorate the listing of its N5Billion bond with a digital Closing Gong Ceremony on Thursday, 20 May 2021. The debut listing was the CardinalStone Financing SPV Plc’s ₦5bn, 5-Year Series 1 bonds under the company’s ₦10 Billion debt issuance programme.
Speaking at the ceremony, the Divisional Head, Listings Business, NGX Limited, Mr. Olumide Bolumole stated, “At NGX Limited, we continue to provide issuers with a platform that allows them meet their strategic business objectives and it is our delight to see issuers take full advantage of our products and services to support their growth story. We are, therefore, excited about the successful listing of the CardinalStone Financing SPV Plc’s ₦5bn Series I Bond on the NGX Platform as it creates an avenue for price discovery a ....

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FMDQ Exchange admits Nigerian Breweries' commercial papers


Punch Newspapers
Sections
Published 19 May 2021
FMDQ Securities Exchange Limited has announced the approval for the quotation on its platform of the Nigerian Breweries Plc N1.05bn Series 12, N0.94bn Series 13, and N2.67bn Series 14 Commercial Papers under its N100bn Commercial Paper Issuance Programme.
The Exchange said in a statement on Tuesday that this brought the total CPs issued by the issuer since the renewal of its N100bn CP Programme in 2019 to N156.20bn, with a total of N14.76bn currently active.
It said corporate institutions continued to successfully tap the Nigerian debt capital markets to access stable short, medium and long-term finance to fund key activities in their organisations. ....

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