The initial N100 billion offered was upsized to N130 Billion due to the subscription level of over 165% evidencing investors’ sustained appetite in the FGN Sukuk programme led by the Debt Management Office, Nigeria.
Speaking on the development, Mr. Bayo Rotimi, the Managing Director, said, “Greenwich Merchant Bank’s participation as an Issuing House in the Sukuk transaction is evidence of our focus on infrastructural development as a key driver of economic development.”