Efficacy Development Makes Debt Capital Market Debut with ₦6.67bn CP Issuance, Structured by Pathway Advisors

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Efficacy Development completed its first commercial paper issuance, raising ₦6.67 billion under a ₦50 billion programme. The Nigerian real estate and construction company said the issuance marks a milestone in its corporate financing and growth plans.

Efficacy Development Plc (“Efficacy” or “the Company”), a leading indigenous real estate development and construction company, has successfully completed its maiden ₦6.67 billion Series 1 Commercial Paper (“CP”) issuance under its ₦50 billion Commercial Paper Programme, marking a significant milestone in the Company’s corporate financing and growth trajectory. The successful debut issuance represents an important […] The post Efficacy Development Makes Debt Capital Market Debut with ₦6.67bn CP Issuance, Structured by Pathway Advisors appeared first on Nairametrics.