Nigeria's BUA Cement eyes bond sale for expansion By Reuters

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Nigeria's BUA Cement eyes bond sale for expansion

Published May 06, 2021 16:04

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ABUJA, May 6 (Reuters) - Nigeria's third biggest cement firm
BUA Cement BUACEMENT.LG plans to sell bonds, the second
tranche, under a 200 billion naira programme to finance
expansion, its chief executive said on Thursday.
Yusuf Binji said BUA issued 115 billion naira in 2020, its
first tranche under the bond programme. He did not give a time
for the sale and said the amount to issue would depend on its
funding need.

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