Nigeria: Lafarge Africa refinances with five-year bonds

Nigeria: Lafarge Africa refinances with five-year bonds
Published: 23 September 2016


Lafarge Africa (LafargeHolcim Group) has raised NGN60bn (US$184m) by issuing three and five-year bonds through book building. The cement producer issued a three-year bond at 14.25 per cent to raise NGN26.38bn and sold a five-year bond at 14.75 per cent to raise NGN33.62bn, it said in a statement.

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