Pathway Advisors Leads N6.14bn Oversubscribed Commercial Paper for Veritasi Homes

Pathway Advisors orchestrated a successful N6.14bn oversubscribed commercial paper issuance for Veritasi Homes, a real estate firm in Nigeria. The issuance exceeded the initial N5 billion target, showcasing strong market confidence in Veritasi's credit quality and operational performance.
With a 270-day tenor, this marks Veritasi's first new program following the repayment of its earlier N20 billion plan. The oversubscription highlights the market's trust in Veritasi's governance, performance, and credit history, positioning the company well for future fundraising opportunities.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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