Coronation merchant bank in the news
Coronation Merchant Bank is a Nigerian investment bank that has been in the news for various reasons. Here are some recent news articles and updates about the bank:
- Coronation Merchant Bank raises $100 million for infrastructure development (The Punch, March 2023)
Coronation Merchant Bank has raised $100 million to support infrastructure development in Nigeria. The bank's Managing Director, Mr. Ekeuwe, said the funds would be used to finance projects in the power, transportation, and housing sectors.
- Coronation Merchant Bank advises on $150 million bond issuance for Dangote Cement (BusinessDay, February 2023)
Coronation Merchant Bank acted as the lead arranger and sole bookrunner for Dangote Cement's $150 million bond issuance. The bond is a 5-year fixed-rate note with a coupon rate of 12.5%.
- Coronation Merchant Bank wins Best Investment Bank in Nigeria award (ThisDay, January 2023)
Coronation Merchant Bank was awarded the Best Investment Bank in Nigeria at the 2022 African Banker Awards. The bank was recognized for its outstanding performance in the investment banking sector.
- Coronation Merchant Bank advises on sale of 9mobile to Teleology Holdings (The Guardian, December 2022)
Coronation Merchant Bank acted as the financial advisor to Teleology Holdings on its acquisition of 9mobile, a Nigerian telecommunications company. The deal was valued at $250 million.
- Coronation Merchant Bank raises $50 million for Nigerian startups (Techpoint, November 2022)
Coronation Merchant Bank has launched a $50 million fund to support Nigerian startups. The fund will provide equity financing to early-stage startups in the technology, healthcare, and financial services sectors.
- Coronation Merchant Bank appoints new Managing Director (Business Insider, October 2022)
Coronation Merchant Bank has appointed Mr. Ekeuwe as its new Managing Director. Mr. Ekeuwe has over 20 years of experience in the banking industry and has previously worked at Standard Chartered Bank and Stanbic IBTC Bank.
These are just a few examples of the news articles and updates about Coronation Merchant Bank. The bank is a significant player in the Nigerian financial sector and is involved in various transactions and initiatives that are shaping the country's economy.