Me Cure Industries Limited has listed N3 billion bond on the floor of the Nigerian Exchange (NGX).
The debut listing was the N3 billion 5-Year Series 1 Fixed rate Senior Secured Bond issued by Mecure Industry Funding SPV Plc under the N20billion Debt Issuance Programme.
Speaking at the ceremony, the Divisional Head, Listings Business, NGX Limited, Mr. Olumide Bolumole said, “At NGX Limited, we maintain our commitment to driving sustainable products and responsible investment in our market. We are, therefore, pleased to celebrate this listing from Me Cure – a leading healthcare company serving millions of patients and leveraging technology to help people fight everyday illnesses. Today’s listing represents a pivotal milestone in the growth journey of Mecure industries and I congratulate its board and management for this landmark achievement, as well as the commitment towards ensuring the sustained growth of the company. Looking ahead, we encourage Me Cure and other unlisted issuers to utilize the NGX platform to meet future capital needs across debt and equity to support business expansion in line with their overall corporate strategy.”
On his part, the Chairman, Me Cure Industries, Mr. Samir Udani noted, “It gives me great pleasure to share this electronic podium as a business owner who has crossed a milestone today.
The Group Executive Director, Cordros Capital, Lead Financial Adviser/Issuing House, Mr. Femi Ademola CFA, expressed his appreciation to capital market stakeholders and other professional parties to the transaction – Cordros Capital Limited, Vetiva Capital Management Limited and Greenwich Merchant Bank Limited.
