United Capital Leads Inaugural FGN Dollar Bond Issuance, Achieves 180% Subscription, Raises $900m

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United Capital Leads Inaugural FGN Dollar Bond Issuance, Achieves 180% Subscription, Raises $900m

« on: September 17, 2024, 01:01:12 AM »

United Capital Leads Inaugural FGN Dollar Bond Issuance, Achieves 180% Subscription, Raises $900m

Nigeria’s leading financial services group, United Capital Group, acted as the Lead Issuing House and coordinator for the successful issuance of the FGN Domestic Dollar Bond, Nigeria’s first-ever domestic US dollar-denominated bond. The transaction generated unprecedented domestic demand, raising over US$900 million, to achieve over 180% subscription levels, emphasising United Capital’s placing power in the […]

Source: United Capital Leads Inaugural FGN Dollar Bond Issuance, Achieves 180% Subscription, Raises $900m

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