Stanbic IBTC Capital leads Presco’s N82.9b bond issuance to drive W/African market growth
Presco PLC has achieved a significant milestone with the successful issuance of its N82,896,000,000 seven-year 23.75% senior unsecured fixed rate Series I Bonds under its N150 billion bond issuance programme with the Securities and Exchange Commission. Stanbic IBTC Capital Limited acted as the lead issuing house on the programme. According to a statement by Stanbic IBTC Capital Limited, the proceeds …