Abiodun JIMOH
RMB Nigeria Issuance SPV PLC, a special purpose vehicle created to support RMB Nigeria’s (the “Bank”) capital market financing goals, has successfully registered a ₦40 billion Multi-Instrument Issuance Programme. The programme, designed to facilitate debt and structured note issuance, aims to boost RMB Nigeria’s asset growth and liability management initiatives.
Stanbic IBTC Capital Limited served as the Lead Issuing House, with RMB Nigeria also participating as a Joint Issuing House on the Programme.
Highlighting the programme’s potential, Bayo Ajayi, CEO of RMB Nigeria, emphasized its role in expanding the bank’s liquidity access. “This Programme allows us to tap into Nigeria’s debt capital markets to support both our strategic objectives and those of our clients. We’re grateful to Stanbic IBTC Capital and our advisers for guiding us through this process,” Ajayi stated.
Oyinda Akinyemi, Executive Director at Stanbic IBTC Capital, remarked on RMB Nigeria’s strategic approach to market trends, underscoring the partnership’s role in meeting treasury management challenges. “Stanbic IBTC Capital is proud to have shaped RMB’s funding strategy, positioning them to navigate dynamic market conditions effectively,” Akinyemi said.
This multi-instrument issuance programme not only strengthens RMB Nigeria’s financial foundation but also provides investors a unique entry into Nigeria’s growth narrative through the Bank’s debt offerings.