WorldStage Newsonline– BUA Cement Plc, a leading cement manufacturer in Nigeria has secured approval of the Security and Exchange Commission (SEC) to raise about N100 billion in series one of its 7-year Fixed Rate Senior Unsecured Bonds under its N200 billion bond programme.
In a notification at the Nigerian Stock Exchange signed by Ahmed Aliyu, company secretary on Wednesday, the company said the offer is open to all qualified institutional investors and high networth investors as defined by the SEC’s rules and regulations.
The offer is scheduled to run from Tuesday 15 December until Monday 21 December, 2020, according to the notification.
