Nigeria’s Bank of Industry (BOI) has issued a €700 million Eurobond to fund business growth in Nigeria. The five-year euro-denominated instrument is guaranteed by the federal government and issued at a yield of 7.5%. The deal was backed by Rand Merchant Bank (RMB), global coordinator and active bookrunner on the issue. The bond was initially...
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Nigeria: Bank of Industry raises 700 million euros in Eurobonds
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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