Investors Oversubscribe Zeenab Foods N45bn Commercial Paper

Zeenab Foods Limited has raised N45 billion through a hybrid commercial paper offer that attracted N54.4 billion in subscriptions from institutional and sophisticated investors. The transaction, arranged by Pathway Advisors Limited as Transaction Sponsor, Financial Adviser, Lead Issuing House and Arranger, comprised a N25 billion conventional commercial paper tranche and a N20 billion non-interest-based commercial […]

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