Breaking News

Osun begins Interview for shortlisted Teachers across the State | Arrest of Terrorists: Governor Adeleke Commends Tinubu, Ribadu, Security Agencies | Governor Adeleke Mourns Elder Kolapo Lawal, Condoles With Family and Osun PDP | Governor Adeleke Celebrates Wazeer Mumineen of Yorubaland, Sheikh Adekilekun on his 80th Birthday | Osun LG Fund: Governor Adeleke Commends Council of Obas, NBA, Others | Continuous Voters Registration: Governor Adeleke Appeals for Mass Participation. | Leaders, Business Directors and Selected Osun Indigenes in Atlanta, Declares Osun Ready for Partnership. | Osun State Government Launches Investment Portal to Boost Direct Investment in the state | Governor Adeleke Reaffirms ‘No Security Vote Policy’, Sustains Security Services Through Budgetary Process | Osun Public Finance: Posting of Budgetary Performance Demonstrates Transparency – Adeleke Spokesperson. | SPEECH BY HIS EXCELLENCY, SENATOR ADEMOLA JACKSON NURUDEEN ADELEKE, EXECUTIVE GOVERNOR OF OSUN STATE AT THE 2025 INTERNATIONAL YOUTH DAY CELEBRATION HELD ON TUESDAY, 12TH AUGUST, 2025 AT FAKUNLE COMPREHENSIVE HIGH SCHOOL, OSOGBO. | 2025 International Youth Day: Governor Adeleke Calls on Youths to Leverage Technology for a Brighter Future. | GOVERNOR ADELEKE CELEBRATES BARR. OLAJENGBESI ON HIS BIRTHDAY. | GOVERNOR ADELEKE MOURNS PASSING OF IMMIGRATION CHIEF, DADA | Withheld Allocations: Osun People will Punish APC for Illegally Withholding Osun LGAllocations | .GOVERNOR ADELEKE CELEBRATES EX-OSUN SPEAKER NAJEEM SALAM ON HIS BIRTHDAY | BIRTHDAY: GOVERNOR ADELEKE HAILS OBA FAFORIJI | Osun Government Says Adeleke’s CSO did not Arrest Ifedolapo, Accuses Osun APC of Giving False Information to the Police Authorities. | World Breastfeeding Week: Governor Adeleke underscores commitment of Osun to comprehensive maternal, child health. | Governor Adeleke Invites Osun APC to Davido’s Wedding, Takes Short Vacation for US Trip | Osun Travel Cost: There is no Smoking Gun —Spokesperson
Sukuk bond – 1b
Webmaster September 15, 2013

The State Of Osun N10b Sukuk Bond Still Open

Sukuk bond - 1b

 
The Government of Osun invites subscription to its “Osun Sukuk Company Plc” N10 billion Ijara (Lease) due 2020 further to Securities and Exchange Commission’s (SEC’s) approval.
In March 2013, the Securities and Exchange Commission (SEC)  approved new rules allowing firms to issue Islamic bonds. The Book Building opened on Thursday September 12, 2013 and closes on Wednesday September 25, 2013.
The planned 7-year paper, sources report, forms part of a N60 billion debt raising programme of the state which started last year. Such Funds raised would be used to finance the construction of education projects.  The Government of the State of Osun is targeting local pension funds and international investors for subscription to the bond.
Local credit rating agency Agusto & Co had assigned  an ‘A’ rating to the bond note, which will be listed on the Nigerian Stock Exchange.

Leave a Reply

Your email address will not be published. Required fields are marked *