Coronation Merchant Bank lists N25bn bond on NGX

Coronation Merchant Bank lists N25bn bond on NGX     The Nigerian Exchange Limited said on Thursday that Coronation Merchant Bank Funding SPV Plc listed Series 1 fixed-rate N25 billion bond on Wednesday with a tenor of five years at 6.25 per cent. The exchange said in a statement that the subordinated unsecured bond due by 2025 was listed under the company’s N100 billion bond issuance program. The NGX said with the development, its support to the Federal Government and corporate organisations via fixed income segments in the first half…

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