Axxela Funding Listed N11.5 Billion Bonds on Stock Exchange

Axxela Funding 1 Plc listed N11,500,000,000 Series 1 bonds at a 14.30 percent fixed rate on the Nigerian Stock Exchange on Thursday.

The bonds expected to mature in 2027 were issued under the N50,000,000,000 Bond Issuance Program today.

In a statement published on the Nigerian Stock Exchange, Axxela said: “Dealing Members are hereby notified that the Axxela Funding 1 Plc’s N11,500,000,000 Series 1; 14.30% Fixed Rate Bonds due 2027, under the N50,000,000,000 Bond Issuance Program were today, Thursday, 16 July 2020 listed on The Nigerian Stock Exchange.”

See the complete details below.