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Moneda raises N6 billion as investors oversubscribe commercial paper by 20%

Moneda Investment Limited has raised N6 billion through its Series 1 Commercial Paper issuance, exceeding its initial N5 billion target by 20% under its N30 billion Commercial Pape

Samson AkintaroSeptember 16, 20261 min read
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Moneda Investment Limited has raised N6 billion through its Series 1 Commercial Paper issuance, exceeding its initial N5 billion target by 20% under its N30 billion Commercial Paper Programme. The transaction, which represents the first issuance under the programme, recorded 120% subscription, with investor demand allowing the company to increase the amount raised by N1 […]

The post Moneda raises N6 billion as investors oversubscribe commercial paper by 20% appeared first on Nairametrics.

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