| Bonds & Fixed Income |    1285 VIEWS  |
| Bonds & Fixed Income | |
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| PROSHARE | |
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Friday, November 20,
2020 / 04:43 PM / By Arthur Stevens Asset Mgt / Header Image Credit: Guardian NG
We are pleased to inform you that the offer of the up
to N5 billion Series 1 Bond
(the "Transaction" or the "Issuance") under the CardinalStone Financing SPV Plc
N10 billion Bond Issuance
Programme is now open and closes 3rd December 2020.
CardinalStone Partners Limited ("CardinalStone" or the "Sponsor") - the Sponsor of CardinalStone Financing SPV Plc - is an independent,
multi-asset investment management firm that offers a variety of financial
services to diverse institutional and retail clientele. CardinalStone and its
subsidiaries are licensed respectively by the SEC to operate as Issuing House,
Fund Manager, Broker/Dealer, and Registrar; and by the Central Bank of Nigeria
as a finance house.
CardinalStone commenced business operations in June
2008 and as at September 30, 2020, its total shareholders' funds and total
assets stood at N5.57 billion and N35.35 billion respectively. The Company has
established the following companies under the group: CardinalStone Securities
Limited, CardinalStone Registrars Limited, CS Advance Finance Company Limited,
and CardinalStone Asset Management Limited.
Please find above the indicative terms of the Offer:
We look forward to your participation in the
CardinalStone Financing SPV Plc Up to N5bn Series I Bond Issuance
For further information;
kindly send a request via info@arthursteven.com
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