Rand Merchant Bank appointed lead issuing house for Paras Energy bond

Paras Energy and Natural Resources Development Limited has appointed Rand Merchant Bank as the lead issuing house for its upcoming bond issuance. This initiative will be facilitated through Paras Energy Funding SPV PLC, which serves as the funding vehicle for the project. The partnership aims to enhance the financial capabilities of Paras Energy in its operations within the energy sector. Further details regarding the bond issuance are expected to be released in due course.

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