Dangote Refinery raises $2.5 billion in private placement, executive says
Dangote Refinery raises $2.5 billion in private placement, executive says
Nigeria’s Dangote Petroleum Refinery has raised $2.5 billion through a private placement as it seeks to strengthen its financing structure, company executive Devakumar Edwin confirmed on Friday. The capital raised ahead of a planned IPO this year is expected to help fund the refinery’s expansion as it ramps up operations and expands in domestic and…
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Nigeria’s Dangote Petroleum Refinery has raised $2.5 billion through a private placement as it seeks to strengthen its financing structure, company executive Devakumar Edwin confirmed on Friday. The capital raised ahead of a planned IPO this year is expected to help fund the refinery’s expansion as it ramps up operations and expands in domestic and…