SEFTON FROSS ADVISES ON EAT N’ GO N15BILLION BOND PROGRAMME

SEFTON FROSS ADVISES ON EAT N’ GO N15BILLION BOND PROGRAMME

Sefton Fross has advised as Solicitors to the Trustees of the Eat N’ Go Limited N15,000,000,000 (Fifteen Billion Naira) Bond Issuance Programme and issuance of the N11.500,000,000 (Eleven Billion, Five Hundred Million Naira) Series 1, 14.25% Fixed Rate Senior Unsecured Bonds.

Eat ‘N’ Go Limited are the franchise holders for Domino’s, Cold Stone Creamery & Pinkberry Ventures, Inc in Nigeria. The Programme was established and issued by Eat & Go Finance SPV Plc, a special purpose vehicle of Eat N’ Go Limited.

The successful issuance of the Series 1 Bonds will see the proceeds being used as expansion capital for the Company.

Sefton Fross acted as Solicitors to Stanbic IBTC Trustees Limited, the Bond Trustee.