Pathway Advisors Leads N6.135 Billion Commercial Paper Issuance
Pathway Advisors Limited has successfully led Veritasi Homes & Properties Plc's oversubscribed N6.135 billion Series 1 Commercial Paper issuance.
- Initial offer: N5.00 billion
- Oversubscribed amount: N6.135 billion
- Commercial Paper programme: N20.00 billion
Pathway Advisors Limited acted as Financial Adviser, Transaction Sponsor, and Lead Arranger for the issuance.
Strong investor confidence in Veritasi led to the oversubscription of the offer.
Veritasi Homes previously raised N15 billion under a N20 billion CP Programme registered in 2022, with all matured obligations fully redeemed.
Author's summary: Pathway Advisors leads N6.135 billion CP issuance.