On Monday27 January, PAC Capital was present as one of the joint Issuing Houses/Bookrunners as the African Export-Import Bank (Afreximbank) signed documents to complete the registration of a 300-billion Naira medium-term note with the Securities and Exchange Commission under the Bank’s local currency programme in what will be the Bank’s first-ever Afreximbank local currency fund raising programme in Nigeria.
The establishment of the bond programme will aid in stimulating the expansion and development of Nigeria through Afreximbank’s intervention in various sectors of the Nigerian economy.
The momentous signing ceremony took place in Lagos, Nigeria.