Dangote to fund planned $17bn Kenya refinery with cash, bonds and IPO

2 weeks ago

Dangote Petroleum Refinery has raised $750 million through an international bond offering carrying a 7.5 percent fixed coupon, marking another milestone in the company’s access to global capital markets as it expands operations at Africa’s largest refinery.

Dangote Group plans to finance its proposed 700,000 barrel per day oil refinery in Kenya through internally generated cash, bond

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