NEWS: Presco Raises N100bn Bond Issuance To Drive Expansion

presco

In a move to bolster its operations and drive expansion, Presco Plc said it is raising N100 billion bond issuance under its N150 billion bond programme.

This was contained in the company’s notice to the Nigerian Exchange Limited. Presco stated that the initiative has received the necessary approvals from the company’s board of directors and the Securities and Exchange Commission (SEC).

The bond issuance up to N100 billion, classified as Series 1 is scheduled to close on January…

>

Leave a Reply

Your email address will not be published. Required fields are marked *