Euro bond

Dangote Cement is considering issuing Euro bonds in other to raise funds for its short term debts. According to the Chief Financial Officer (CFO), Brian Egan, Dangote cement is considering issuing Euro bonds or a local debt issue in other to raise funds for its debt. The company is planning to move away from its N389 billion debt of which 70% is on short term facility and from its parent company Dangote Industries Limited. The company is considering Euro…