Advertisement

NCB Financial Group to raise funds via rights issue

The NCB Financial Group is trying to raise US$105 million via a rights issue.
 
The bond, which is arranged by NCB Capital Markets, has a coupon of  seven percent with a tenure of  five years.
 
 
NCB says the bond issue, which is for general corporate purposes, comes at a time when the US dollar market is fairly liquid and investors are in search of  lucrative instruments.

 



comments powered by Disqus
Most Popular
Fiery protest in Spanish town following...
DPP's second tenure extension...