Coronation MB Funding SPV Plc's Up to N10bn Series I Bond Issuance Now Open

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Thursday, October 22, 2020 / 2:17 PM / By Arthur Stevens Asset Mgt / Header Image Credit: Coronation Merchant Bank

 

We are pleased to inform you that the offer of up to N10billion Series 1 Bond (the "Transaction" or the "Issuance") under the CORONATION MB SPV PLC N100billion Bond Issuance Programme is now open and closes Friday 30th October 2020.

 

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Coronation Merchant Bank Limited is a private limited liability company duly licensed by the Central Bank of Nigeria as a Merchant Bank in Nigeria, which provides treasury, investment banking, and corporate banking services to corporates, institutional investors and high-net-worth individuals.

 

The Bank, a well-recognized brand and "A+" rated entity has consistently delivered a strong financial performance, with its asset base and shareholders' funds at N253.35 billion (N341.35 billion) and N34.57 billion (N37.59 billion) respectively, as at 31st December 2019 (31st August 2020).

 

The Bank has a zero non-performing loan portfolio and is also the first and only internationally rated Merchant Bank in Nigeria.

 

Please find attached the bond commitment form

 

For further information; kindly send a request via info@arthursteven.com


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