• Thursday, March 28, 2024
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NSE lists Dangote Cement N100bn bond

Dangote Cement

The Nigerian Stock Exchange (NSE) earlier on Monday June 15, 2020 listed the Dangote Cement Plc N100billion bond.

The 5 Years bond at a coupon of 12.50percent Fixed Rate due 2025 is under the N300 billion Debt Issuance Programme of Dangote Cement Plc.

The Bonds were 100percent subscribed. Meristem Stockbrokers Limited is the stockbroker to the listed bond.

The bond’s coupon payment is semi-annually, on October 30 and April 30, of each year commencing on April 24, 2020 until the maturity date.