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Parthian Partners Successfully Redeems N10bn 3-Year Bond

Parthian Partners Successfully Redeems N10bn 3-Year Bond

Nume Ekeghe

Parthian Partners Limited has said that it successfully completed the full redemption of its N10 billion 3-year fixed-rate senior unsecured short-term bond.

The redemption, it said in a statement, marks a major milestone in the company’s debt issuance journey, following the launch of its flagship short-term bond programme in August 2022 under the FMDQ Securities Exchange framework. 

The bond, issued at a coupon rate of 13.50 per cent and fully subscribed by a wide range of institutional investors, was the first of its kind by an interdealer broker in the Nigerian capital market. Over its three-year term, it earned praise for timely coupon payments and consistent delivery, reinforcing investor confidence in Parthian’s financial strength and reliability.

Commenting on the successful bond redemption, Managing Director/Chief Executive Officer,  Parthian Partners, Mr. Oluseye Olusoga,  said: “We are proud to have fulfilled all our obligations to investors as promised. This full repayment demonstrates our financial discipline and unwavering commitment to delivering long-term value. As we look ahead, we remain focused on driving innovation and providing liquidity in Nigeria’s capital markets.”

On his part, the Chief Financial Officer, Mr. Olayinka Arewa, added: “Successfully completing this bond repayment reinforces our commitment to sound financial stewardship. We’re grateful to our investors for their trust, and we remain focused on maintaining a strong credit profile, while supporting key sectors of the Nigerian economy through innovative capital market solutions.”

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Nume Ekeghe Parthian Partners Limited has said that it successfully completed the full redemption of its N10 billion 3-year fixed-rate senior unsecured short-term bond. The redemption, it said in a statement, marks a
The post Parthian Partners Successfully Redeems N10bn 3-Year Bond appeared first on THISDAYLIVE.

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Nickelodeon brings the holiday magic home in August edition

Nickelodeon brings the holiday magic home in August edition

Nickelodeon, will in this August holiday edition, be turning up the excitement with a month full of brand-new series, thrilling rescues, and laugh-out-loud moments!

From epic premieres to surprise-filled specials and action-packed stunts, there’s something for everyone in the family. Viewers are expected to grab their snacks, settle into their comfiest spot, and let the fun begin!

Viewers are to expect Nickelodeon Animation Stunt that include SpongeBob SquarePants, the  Casagrandes, The Fairly OddParents among others.

“Nickelodeon is turning up the fun with the ultimate animation showdown! It’s a back-to-back blast of your favourite animated hits, all in one epic stunt. Dive into underwater giggles with SpongeBob SquarePants, hang out with The Casagrandes, and stir up magical chaos with The Fairly OddParents: New Wish. That’s not all! Enjoy brand-new episodes of The Patrick Star Show and The Smurfs, plus the premiere of the all-new Super Duper Bunny League,” the company said in a report.

Viewers are to tune in every weekday to Nickelodeon, DStv Channel 305, and GOtv Channel 87 from Monday, 30 June to Friday, 8 August for non-stop animation, epic laughs, and bigger adventures than ever before.

Viewers can also meet the Super Duper Bunny League,  the fearless team of bunny heroes saving the world one wild mission at a time! Whether they are battling sweet-toothed space pirates or fiery lava monsters, these bunnies always bring the action (and plenty of laughs).

“The Get ready for the ultimate dose of live-action excitement! From family undercover missions to teenage superheroes saving the day, there is no shortage of thrills. The Thundermans: Undercover, Henry Danger, and Danger Force bring all the action and laughs you love,” it said.

There is also the Race into adventure with Sonic as you have never seen him before! After a high-stakes battle with Dr. Eggman ends in chaos, Sonic must fix the damage and save his friends — Tails, Amy, Knuckles, Rouge, and Big — from a world on the brink of collapse.

“Soak up all the fun with a marathon of Bikini Bottom’s favourite sponge! From jellyfishing mishaps to Krabby Patty shenanigans, this is SpongeBob at his absolute best. Enjoy the best episodes from Monday, August 11, to Friday, September 5, on Nicktoons, DStv Channel 308, and GOtv Channel 70,” it added

The post Nickelodeon brings the holiday magic home in August edition appeared first on THISDAYLIVE.

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Nickelodeon, will in this August holiday edition, be turning up the excitement with a month full of brand-new series, thrilling rescues, and laugh-out-loud moments! From epic premieres to surprise-filled specials
The post Nickelodeon brings the holiday magic home in August edition appeared first on THISDAYLIVE.