Successful Close of Lekki Gardens Estate Limited Series 2 Commercial Paper 🎉
We are pleased to announce the successful close of the ₦10 Billion Series 2 Commercial Paper Issuance by Lekki Gardens Estate Limited, which recorded an impressive 115% subscription level.
The offer exceeded expectations with a total amount raised of ₦11.45 billion, surpassing the initial target of ₦10 billion. This remarkable outcome reflects the strong confidence and participation of investors in the market.
As the Lead Issuing House and Financial Adviser, Pathway Advisors Limited is proud to have supported this successful transaction. The oversubscription demonstrates investor trust in the issuer’s strong fundamentals and the effectiveness of the transaction structure.
We sincerely appreciate the investors and stakeholders whose participation contributed to the success of this issuance. Their confidence reinforces our commitment to delivering strategic financial advisory services and facilitating impactful capital market transactions.
At Pathway Advisors Limited, we remain dedicated to connecting issuers with the right investment opportunities while supporting sustainable growth across the financial ecosystem.
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