The nine leading issuing houses
involved in the deal are Chapel Hill Denham, Zenith capital, Radex, Stanbic IBTC Bank Plc, First bank Capital, Vetiva, Skye Finance Service, AFR invest West Africa Ltd and FCMB capital.
The advantage of this public offering method is that there are many accountants, bankers, underwriters and issuing houses
who are familiar with the process.
KG was founded by Tobias Konig in 1999 and is one of the leading issuing houses
Vetiva Capital Management Limited is the Lead Issuing House
, with FBN Capital Limited, FCMB Capital Markets Limited, Marina Securities, Stanbic IBTC Capital and Zenith Capital acting as Joint Issuing Houses
In terms of private placement, there is the need to decide whether this has to be done on an in-house basis, by personal contacts or by issuing houses
The issuing houses
also look out for banks with rich experience in the business and they are comfortable with Sterling Bank based on our past experience".