Dangote Industries seeks more dollar bond sales for growth

5 articles · Updated · Bloomberg · May 7

Chief financial officer Murat Erden said the group may tap global investors again after Dangote Fertiliser raised $750 million in a private bond placement in April.
The conglomerate is considering bond financing for several businesses, including its energy and fertiliser operations, as it expands beyond its first international market fundraising.
Dangote Fertiliser operates Africa's largest urea plant, making further foreign-currency debt sales a potentially significant funding route for one of the continent's biggest industrial groups.

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