Brand Times

Top Menu

  • Home
  • Advert Rates
  • Contact us
  • About us

Main Menu

  • Home
  • Brand News
    • What’s New
    • Campaign
    • CSR
  • Business
  • Technology
  • Insights
  • Industry
    • Autobrands
    • Energy
  • Special Report
  • LifeStyle
    • Health
    • Sports
    • Food
    • Movies
    • Music
  • Home
  • Advert Rates
  • Contact us
  • About us

logo

Header Banner

Brand Times

  • Home
  • Brand News
    • What’s New
    • Campaign
    • CSR
  • Business
  • Technology
  • Insights
  • Industry
    • Autobrands
    • Energy
  • Special Report
  • LifeStyle
    • Health
    • Sports
    • Food
    • Movies
    • Music
Business
Home›Business›Stanbic IBTC Announces N15B Infrastructure Fund Series II Offer

Stanbic IBTC Announces N15B Infrastructure Fund Series II Offer

By Brand Times
May 12, 2022
73
0
Share:

Stanbic IBTC Asset Management Limited (the “Fund Manager”), a subsidiary of Stanbic IBTC Holdings PLC, is pleased to announce that the N15 billion Series II Offer (the “Offer”) under its Stanbic IBTC Infrastructure Fund (the “Fund”) N100 billion Shelf Programme is now open and scheduled to close on Friday, 10 June 2022.

The Fund is designed to bridge the gap between the long-term funding needs of promoters of infrastructure projects and the needs of investors with long-term capital. The Fund, which is structured as a close-ended collective investment scheme, seeks to provide competitive returns above the benchmark Federal Government of Nigeria 10-year bond yield. The Fund Manager successfully closed its Series I offer in September 2021 and raised N6.745 billion across diverse investors, including Pension Fund Administrators, Asset Management Companies, Insurance Companies, and High Net-worth Individuals (“HNIs”). The proceeds of the Series I offer were deployed towards the energy and healthcare sectors.

Speaking about the development, Dolu Olugbenjo, Chief Investment Officer, Stanbic IBTC Infrastructure Fund, said, “Subsequent to the deployment of Series I proceeds, we are pleased to present the Offer to investors to support a robust pipeline of investment opportunities currently under our review. These include infrastructure and infrastructure-related project opportunities in healthcare, transport, logistics, renewable power and energy, amongst others.”

“We encourage institutional investors to continue participating in the Stanbic IBTC Infrastructure Fund by partnering with us to bridge the existing infrastructure asset gap that could deliver positive social and economic multiplier effects,” he added while aiming to deliver competitive investment returns to investors within acceptable risk thresholds”.Interested investors can click here to fill out the form and a representative will contact them within 72 hours.

TagsInfrastructure Fund Series II Offer
Previous Article

How MARA Raised $23M To Build Africa’s ...

Next Article

Crown Flour Mill Gets Presidential Recognition, ...

Share:

Related articles More from author

  • Business

    Meta Unveils its ‘Africa Year in Review’ for 2021

    December 15, 2021
    By Brand Times
  • Business

    Nike Invests in ‘Liquid Gold’ of Direct Consumer Connection

    December 24, 2021
    By Brand Times
  • Business

    Uba Inaugurates Group Board Forum

    May 13, 2016
    By Brand Times
  • Business

    Renmoney Appoints Tobi Boshoro As New CEO

    November 6, 2018
    By Brand Times
  • BusinessSports

    LaLiga Signs Mondia Group As Strategic Technology And Commercial Partner

    December 2, 2020
    By Brand Times
  • Business

    Kwick Enters Nigeria’s Delivery Market

    July 7, 2019
    By Brand Times

Leave a reply Cancel reply

  • InterviewsSpecial Report

    What Marketers Can Learn From The Rest of The World

  • Life StyleMovies

    Embark on Magical Adventures with Cartoon Network’s Original New Series, We Baby Bears

  • Business

    Nigerian Breweries Rewards Trade Partners, Promises Exciting Times For Consumers

Recent Posts

  • LiveBIc Clinches First Prize At MarkHack 1.0, As Eko Innovation Centre and GDM Group Call for Technological Innovation to Disrupt Marketing Landscape May 21, 2022
  • Airtel’s Subsidiary, SmartCash PSB Commences Operation in Nigeria May 20, 2022
  • Jumia Expands Operations into Healthcare, Launches e-doctor May 20, 2022
  • Understanding The Emotional Impact Of Music On Advertising May 19, 2022
  • Crypto: The New Counterculture That Cannot Be Ignored May 19, 2022

Categories

  • Autobrands (68)
  • Awards (41)
  • Brand News (1,080)
  • Business (341)
  • Campaign (179)
  • CSR (137)
  • Educational (8)
  • Energy (24)
  • Entertainment (77)
  • Fashion (5)
  • Fashion & Lifestyle (18)
  • Food (22)
  • Health (12)
  • Industry (26)
  • Insights (297)
  • Interviews (3)
  • Life Style (69)
  • Movies (23)
  • Music (33)
  • people (8)
  • Special Report (222)
  • Sport (8)
  • Sports (36)
  • Technology (324)
  • Travel (10)
  • uncategorized (12)
  • What's New (138)

Quick Credit

  • Recent

  • Popular

  • Comments

  • LiveBIc Clinches First Prize At MarkHack 1.0, As Eko Innovation Centre and GDM Group Call ...

    By Brand Times
    May 21, 2022
  • Airtel’s Subsidiary, SmartCash PSB Commences Operation in Nigeria

    By Brand Times
    May 20, 2022
  • Jumia Expands Operations into Healthcare, Launches e-doctor

    By Brand Times
    May 20, 2022
  • Understanding The Emotional Impact Of Music On Advertising

    By Brand Times
    May 19, 2022
  • Crypto: The New Counterculture That Cannot Be Ignored

    By Brand Times
    May 19, 2022
  • Indomie to Excite Consumers in Cash for Scholarship Promo

    By Brand Times
    March 10, 2017
  • 10 Things You Should Know About Big Brother Naija

    By Brand Times
    November 30, 2016
  • TECNO launches Phantom 6 and Phantom 6 Plus in Nigeria

    By Brand Times
    October 3, 2016
  • Africa Magic Viewers’ Choice Awards Revealed 2017 Nominees

    By Brand Times
    December 15, 2016
  • HR Leaders Must Develop Dynamic Job Models to Ensure Productivity In The Future – PwC

    By Brand Times
    November 20, 2016
  • Alisha Ross
    on
    November 6, 2020

    Jumia Partners Standard Chartered, Samsung, Others For Black Friday Sales

  • Mujahid Ibrahim
    on
    September 16, 2020

    10 Things You Should Know About Big Brother Naija

  • Getting noticed on the Internet - Digital Marketing for Small Business - SMS Marketing Blog - ...
    on
    August 27, 2020

    Small Business Marketing Ideas That Can Make A Difference Today

  • Gerald santos ML
    on
    August 22, 2020

    Snapchat Launches First Full Body Tracking Lenses

  • Sodiq
    on
    June 11, 2020

    Indomie Launches ‘Indomitables Magnet Promo’

About us

Brand Times Official Logo

Brandtimes is the number one platform for latest brand news. Brandtimes showcase all the happenings in the brand world. The present, the past and the future are all about time, Brand Times takes the world on a journey of fun, education, information and exclusive brand news.

Recent Posts

  • LiveBIc Clinches First Prize At MarkHack 1.0, As Eko Innovation Centre and GDM Group Call for Technological Innovation to Disrupt Marketing Landscape May 21, 2022
  • Airtel’s Subsidiary, SmartCash PSB Commences Operation in Nigeria May 20, 2022
  • Jumia Expands Operations into Healthcare, Launches e-doctor May 20, 2022
  • Understanding The Emotional Impact Of Music On Advertising May 19, 2022
  • Crypto: The New Counterculture That Cannot Be Ignored May 19, 2022

Follow us