What does Lafarge issuance of Nigeria’s largest corporate bond mean for shareholders?

by | September 30, 2016 12:00 am

Lafarge Africa said last week it has raised N60 billion ($184 million) by issuing three and five-year bonds through book building and in the process shaking up the sleepy Nigerian corporate bond market. This is the largest corporate bond issue in history, according to data from the FMDQ daily quotations list. The total value of…

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