Business
NSE admits Transcorp Hotels N9.76 bn unsecured bonds
By Chioma Obinagwam
The Nigerian Stock Exchange(NSE) has said that it has admitted Transcorp Hotels Plc’s 9,758,000 unit (Series 2) 5 Year 15.50 per cent Fixed Rate Unsecured Bonds Due 2020 valued at N9,758,000,000 under a N30 Billion Medium Term Bond Programme to the Daily Official list of the Exchange.
The bonds were admitted to trade at the Exchange on March 1, 2016, the NSE said.
ALSO SEE: NSE Delists shares of Wema Bank, Intercontinental Bank
Recall that the company was the first to list a ₦10 billion Series 1, 7-Year 16.0 per cent fixed rate unsecured bonds under a N30.00b Medium-Term Bond Programme simultaneously on the NSE and the FMDQ platform this year notwithstanding the recent downturn in the market.
Transcorp Hotels is the hospitality unit of Nigeria’s top conglomerate, Transnational Corporation of Nigeria Plc.
-
Business1 week agoOPay explains how Nigerians can access FG’s N50,000 monthly cash relief
-
Comments and Issues7 days ago2027 Poll and the vote peddlers of Nigeria
-
Features5 days agoHow ADC leadership crisis put Atiku’s 2027 ambition at risk
-
Energy5 days agoNNPC plans 5–10% stock market listing, targets 2027 for IPO preparations
-
Business5 days agoLoveWorld Expo 2026 to showcase global innovations, emerging technologies in Lagos
-
Latest1 week agoEl-Rufai mobilises supporters for ADC ahead of 2027 elections
-
Business2 days agoDisCos urge Minister to end blame game, apologise to Nigerians over blackouts
-
Latest5 days ago2027: No Court rulings can keep me off the ballot, Atiku insists