Sefton Fross advised as Solicitor to the Issuer on the establishment by Sundry Foods Limited (Sundry Foods) of a NGN20,000,000 Bond Issuance Programme and the NGN10,000,000 Series 1 bonds.
Sundry Foods is a food services company committed to providing food and catering services to reach as many residents as possible in Nigeria, at their homes and offices.
The proceeds of the Series 1 bonds will be used for the development of new outlets and other capital expenditure and to refinance existing debt.
Sefton Fross is pleased to have been a part of this Transaction aimed at growing an indigenous business.