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Dangote Redinery secures $1bn ahead of planned IPO

Ahead of its initial public offer, the Dangote Petroleum Refinery and Petrochemicals has secured a $1bn underwriting programme structured by Marob Strategies and Consulting DIFC Ltd and Lilium Capital Group. The programme comprises a completed and funded $600m private placement and a further $400m underwriting commitment in support of the refinery’s planned IPO. In a […] The post Dangote Redinery…

We haven't written up this one. Ripples Nigeria has the full story — the link below goes straight to it.

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