MTN Nigeria Communications Plc has announced the successful completion of the issuance of its N110,001,000,000 series 1 seven  year 13.0% Fixed Rate Bonds due 2028 (Series 1 Bond) under the N200 billion Bond Issuance programme.

In notification at the Nigerian Exchange Limited (NGX) on Thursday signed by Uto Ukpanah, Company Secretary, the telco said the total value of orders received during the book build was N132,151,000,000, representing a 1.32% times oversubscription of the intended N100 billion issuance.

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