FCMB Group Plc has announced the issuance of N20.68bn perpetual 16 per cent fixed rate resettable NC5.25 additional tier 1 capital subordinated bond as part of its N300bn debt issuance programme.
In a corporate notice signed by the Company Secretary, Olufunmilayo Adedibu, to the Nigerian Exchange Limited, the firm said the N20.68bn bond was issued at a clearing coupon of 16.0 per cent per annum.
The group said that the AT1 issuance was the first non-Sharia local…
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