VFD Group’s high stakes play: Can a costly debt raise support its 2025 targets?

VFD Group Plc has set its sights on an ambitious expansion, but its latest N6 billion commercial paper issuances under a N20 billion program raises fundamental questions about its financial strategy. The 270-day Series 5 commercial paper, issued at a discount rate of 24.55% (effective yield of 30%), which opened on February 10 and closes [...]The post VFD Group’s high stakes play: Can a costly debt raise support its 2025 targets? appeared first on Nairametrics.

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