Dimension Data Opens N5bn Bond Offer To Expand Fibre Infrastructure

Dimension Data SPV Funding Plc  has opened subscriptions for its Series 1 Corporate Bond issuance of up to N5 billion under its N20 billion Bond Programme, as the company seeks to raise long-term capital to expand fibre network infrastructure and strengthen service delivery across Nigeria’s growing digital economy.
The offer, which is being managed by Pathway Advisors Limited as Lead Issuing House and Bookrunner, opened through a book-building process and is scheduled to close on June 29, 2026.
According to details of the transaction, the three-year bond is being offered at a book-build price range of 18.50 per cent to 20.00 per cent per annum, with coupon payments to be made on a sem...