Corporate Bonds

Private Sector Advisory
Background:

The Bank in its effort to beef up its capital base decided to embark upon a N100Billion Corporate Bond Programme.

The Programme:

The Bank raised N200Billion Corporate Bond

The Issue:

Radix Capital served as a Placement Agent to the transaction.

Background:

FSDH in its effort to beef up its tier 2 capital base decided to embark upon a N10Billion Debt Issuance Programme.

The Programme:

The Bank issued the first tranche of N5.3Billion

The Issue:

Radix Capital served as a Placement Agent to the transaction

Profile:

Bankers Warehouse Plc is the leading cash management company in the country focused on providing cash-in-transit, cash sorting/processing and security services to clients across Nigeria. It is the primary objective of the Company to expand the cash processing service to major locations across Nigeria.

The Programme:

The Company got an approval to raise N5billion Corporate Bond in tranches. The first tranche of N2billion is being raised.

The Issue:

Radix Capita is the Lead Financial Adviser to the Company.