MTN Nigeria to raise N100bn via bond issuance

MTN Nigeria Communications Plc has notified the investing public that it has completed registration with the Securities and Exchange Commission of its new N200 billion bond issuance programmed it announced in July 2022.

Consequently, MTN Nigeria has received SEC’s approval to launch the Series I (Tranche A) 4-Yaer Fixed Rate Bond and (Tranche B) 10- Year Fixed Rate Bond under the programme.

The issuance continues to reinforce the Company’s strategy of diversifying its funding sources in line with its corporate objectives.

MTN Nigeria will launch its book build in respect of the Series I (Tranche A and B) Bond on September 15, 2022.

Source: MTN Nigeria to raise N100bn via bond issuance – StocksWatch (

Related Posts


Business & Economy

Nigerian Breweries Plc to acquire 80% shareholding in Distell Wines and Spirits Nigeria Limited

Nigerian Breweries Plc has notified the Nigerian Exchange and the investing public that at a specially convened meeting of the Board of Directors of the Company held on 30th May 2023, the Board was presented with an offer from Heineken Beverages (Holdings) Limited of South Africa, for Nigerian Breweries to acquire Heineken Beverages’ majority interests (via Distell[…]