Business / Companies
Interfin Bank issues $7 million Nico Orgo Fertilisers Agro Bills
16 Jan 2012 at 04:05hrs | Views
Interfin Bank issues Nico Orgo Fertilisers $7 million Agro Bills with a tenor of 365 days to finance the 2012/13 agricultural season. Interest rate on a tender basis. Offer opens today and closes Monday January 30 at 3pm.
Investors are invited to subscribe for the Nico Orgo Fertilizers Agro Bills, the proceeds of which will be used to finance agricultural production for the 2012/2013 season.
Offer Details
Amount : US$ 7 million
Issuer : Nico Orgo Fertilizers
Tenor : 365 days
Interest rate : On tender basis
Offer opens : Monday 16 January 2012 at 0800hrs
Offer closes : Monday 30 January 2012 at 1500hrs
Special Features
Prescribed Asset Status
Liquid Asset Status
Security
Interfin Bank Guarantee
Supported by Mortgage bond
Applications must be made in multiples of US$ 10,000.
Investors are invited to subscribe for the Nico Orgo Fertilizers Agro Bills, the proceeds of which will be used to finance agricultural production for the 2012/2013 season.
Offer Details
Amount : US$ 7 million
Issuer : Nico Orgo Fertilizers
Tenor : 365 days
Interest rate : On tender basis
Offer opens : Monday 16 January 2012 at 0800hrs
Offer closes : Monday 30 January 2012 at 1500hrs
Special Features
Prescribed Asset Status
Liquid Asset Status
Security
Interfin Bank Guarantee
Supported by Mortgage bond
Applications must be made in multiples of US$ 10,000.
Source - Byo24News
