Dangote issues $440m of bonds for refinery project
Dangote Industries Ltd (DIL) has completed a NGN187.6 billion ($440 million) series 1 bond issuance, the largest corporate bond in the Nigerian capital market. The transaction comprises a 7-year Tranche-A bond issued at 12.75% and a 10-year Tranche-B bond issued at 13.50% per cent, under the newly...