Platinum Credit Uganda has listed its Medium Term Notes on the Uganda Securities Exchange after the first tranche was subscribed at 246%, with investors bidding over UGX 49 billion against a base of UGX 20 billion. The company exercised the greenshoe option, accepting UGX 30 billion. The issuance is part of a UGX 70 billion programme approved by the Capital Markets Authority, with notes offered in three-, five-, and eight-year tenors and interest paid quarterly.
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