We are pleased to announce the results of our 10th Sukuk Wakala (Bond) private placement issuance of TZS 5 Billion .
The offer was opened to Institutional and private investors on 4th November 2024 and closed on 22nd November 2024 whereby TZS 13.27 Billion was raised, representing a subscription of 265.4%.
Special appreciation to our partners FIMCO Ltd , the Co- Advisor; @endoxa_law the Legal Advisor; Naseha Consultancy , the sharia structure advisor and CRDB Bank Plc as the receiving bank, Registrar and custodian.
We are pleased to announce the results of our 9th Sukuk Wakala (Bond) private placement issuance of TZS 4 Billion.
The offer was opened to Institutional and private investors on 03rd June 2024 and closed on 21st June 2024 whereby TZS 11.8 Billion was raised, representing a subscription of 295%.
Special appreciation to our partners FIMCO Ltd , the Co- Advisor; @endoxa_law the Legal Advisor; Naseha Consultancy , the sharia structure advisor and CRDB Bank plc as the receiving bank, Registrar and custodian.
