Gabon raised $1.5 billion through a new 10-year Eurobond and a partial buyback of its existing 2017 issue on Thursday that will enable it to reduce borrowing costs and fund an ambitious public investment programme. The bond was issued with a yield of 6.375 percent and the order book exceeded […]
Business News
Hilton increases IPO size to $2.4 billion
Hilton Worldwide is increasing the size of its public offering, with plans to raise as much as $2.4 billion when it goes public, the company announced Monday. That figure is nearly double Hilton’s original plans to raise up to $1.25 billion. Shares of the McLean based hotel company are expected […]
Dangote Cement wins overall 2013 PEARL award …records highest dividend growth in capital market
Dangote cement Plc has emerged as the overall winner of the prestigious Securities and Exchange Commission (SEC) endorsed Pearl Award last Sunday in Lagos. Aside emerging as the “Pearl of the Nigerian Stock Exchange”, the company also won awards in there other categories, in the 2013 edition. Leading […]
