Stanbic IBTC Capital is pleased to have acted as Lead Issuing House and adviser to Axxela Limited on its ₦16.4 billion Series 1 Fixed Rate Bonds due 2034 under its ₦50 billion Multi-Instrument Issuance Programme. Stanbic IBTC also acted as transaction bank for the bond issuance. We thank Axxela Limited for trusting Stanbic IBTC Capital as well as the other appointed professional parties to deliver a successful outcome with 109 per cent subscription of the bond. We remain grateful to the institutional investor community for supporting the bond issue, as its success should encourage corporates across various sectors to access the domestic debt capital markets for their funding needs. Kazeem Raji Oladele Sotubo Bolaji Osunsanya Yetunde Demuren Folake Ademiluyi Oyinda Akinyemi #Axella #BestInvestmentBankInNigeria #StanbicIBTC
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