United Capital lists N10bn bond on NSE

The Nigerian Stock Exchange has announced the listing of United Capital Plc’s N10 billion 5 Year 12.5% Senior Unsecured Fixed Rate Series I Bonds due 2025 under the N30 billion Debt Issuance Programme.

The bond’s issue date was 28 May 2020 and Maturity date is on 28 May 2025. The price of the bond is N1000 with a coupon of 12.5%.

Coupon payment is semi-annually, and payable in arrears on 28 November and 28 May of each year up to and including the maturity date. 

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