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


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.


Proshare Nigeria Pvt. Ltd.


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

Proshare Nigeria Pvt. Ltd.

Related News

  1. Land-sliding Drop-in Bond Auction Stop Rate as DMO Cuts Rates by Approximately 200bps
  2. Local Appetite for Bonds Continues to Weight Yields Down
  3. NT-Bills Secondary Market Sustains Bullish Run as Average Yield Moderates to 1.1%WoW
  4. Invest in FGN Monthly Bond Auction - October 2020
  5. Reduction in October Bond Auction Causes Yields to Crash 100bps In the FI Space Overnight
  6. Treasury Bill Auction Holds Wednesday October 14th, 2020
  7. Anchoria Fixed Income Monitor: Naira Strengthens as CBN Continues Forex Sales
  8. Demand Drives Bullish Outing as Average Yield on NT-Bills Dip to 1.4%, PMA Holds on Wednesday
  9. Onyema, Oniha Highlight Investment Opportunities in the Fixed Income Market
  10. Anchoria Fixed Income Monitor: Naira Strengthens Against Dollar after Holiday

Proshare Nigeria Pvt. Ltd.
Related News