Tectono Business Review: MECURE INDUSTRIES FUNDING SPV PLC ANNOUNCES RESULT OF ITS BOND OFFER FOR SUBSCRIPTION

Monday 10 May 2021

MECURE INDUSTRIES FUNDING SPV PLC ANNOUNCES RESULT OF ITS BOND OFFER FOR SUBSCRIPTION

Mecure Industries Funding SPV Plc, incorporated as a Special Purpose Vehicle by Mecure Industries Limited, announces the result of the Offer for Subscription of N3,000,000,000 13% Senior Secured Fixed Rate Series 1 Bond Due 2026.

The Securities & Exchange Commission (SEC) has cleared the basis of allotment. The allotment of the Bond will be affected by way of e-allotment. Consequently, the Registrar, Crescent Registrar Limited, Ilupeju, Lagos, will credit the respective Central Securities Clearing System (CSCS) accounts of successful allottees with the allotted Bonds immediately, subject to and following regulatory clearance.

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EXPORT

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Monday 10 May 2021

MECURE INDUSTRIES FUNDING SPV PLC ANNOUNCES RESULT OF ITS BOND OFFER FOR SUBSCRIPTION

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