BUACEMENT Obtains SEC's Approval for Book Building on Bond Issuance


Friday, October 16, 2020 / 3:22 PM / NSE / Header Image Credit: Twitter; @BUAgroup

BUA Cement Plc "BUA Cement" or the "Company") hereby notifies the investing public that the Securities and Exchange Commission has granted approval for the Company to commence book build for the Series 1, up to N100 billion 7-year Fixed Rate Senior Unsecured Bonds (the "Offer") under its N200 billion bond programme.


The Offer is open to all Qualified Institutional Investors and High Networth Investors as defined by the Securities and Exchange Commission's rules and regulations, and is scheduled to run from Tuesday 15 December until Monday 21 December 2020.


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