March 6, 2018/Fitch Ratings Established structured finance (SF) markets are likely to be more supportive of the development of asset-backed sukuk than the largest Islamic finance markets, Fitch Ratings says. A key limitation on SF in major Islamic finance jurisdictions is the absence of legal certainty and precedent relating to […]
Investors Bite
Nestle Nigeria Plc – Mixed Performance in Q4, But Outlook Still Intact
Culled—Proshare March 6, 2018/Vetiva Research Q4’17 revenue prints below estimate, down 7% q/q FY’17 top and bottom line up 34% and 326% y/y respectively Final DPS of ₦27.50 declared (Total: ₦42.50, Vetiva: ₦35.00) Fourth quarter berths with surprises…. Nestle Nigeria Plc released its FY’17 financial results showing a 34% y/y […]
Viathan Funding List Series 1 N10.00 Billion 16.00% 10-year Bond
March 6, 2018/FMDQ OTC Infrastructure development in the nation is taking progressive steps in the right direction, as another corporate, Viathan Funding PLC, taps the debt capital markets (DCM) for funding targeted at this development. The listing of the Viathan Funding PLC Series 1 ₦10.00bn 16.00% 10-year Senior Guaranteed Fixed […]
