MTN Nigeria to Launch N90m Series 2 Bonds; Awaits Regulatory Approval


Wednesday, September 22, 2021 / 12:52 PM / NGX / Header Image Credit: Vanguard

MTN Nigeria Communications Plc (MTN Nigeria) advises the Nigerian Exchange Limited (NGX) and the investing public that an application has been submitted to the Securities & Exchange Commission (SEC), for the clearance of transaction documents for MTN Nigeria's proposed bond issuance valued at N89,999,000,000; Series 2 of the N200,000,000,000 registered shelf programme. Series 1 - valued at N110,001,000,000 - was successfully raised in May 2021.

The Final decision on the launch of the bond will be taken once all regulatory approvals are obtained, and the investing public will be duly notified.

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