CardinalStone Partners Limited has announced the successful closure of the N728.97 billion Series 2 Power Sector Bond, marking a major transaction in Nigeria’s power sector financing space.
The financial services firm served as the Lead Financial Adviser and Lead Issuing House for the bond, which was structured to support financing within the power sector.
The successful completion of the transaction highlights the role of structured capital market financing in mobilising funds for critical infrastructure and supporting the development of Nigeria’s electricity sector.
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