Economy

FCMB-TLG private debt fund secures regulatory approval for its Series II Issuance

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We’re thrilled to share some exciting news that marks a significant leap forward for investors and the private debt market!

FCMB Asset Management Limited (FCMBAM) has officially received regulatory approval for the FCMB-TLG Private Debt Fund’s Series II Issuance. This monumental approval allows for the issuance of up to N20 billion, signifying a pivotal moment in the Fund’s ambitious growth strategy.

This Series II issuance is not just a regulatory formality; it’s a testament to the robust structure, investor confidence, and the successful track record of the FCMB-TLG Private Debt Fund. It opens up even greater opportunities for investors seeking diversification and attractive returns in the private debt space, while simultaneously empowering businesses with much-needed capital for growth and expansion.

Stay tuned for more updates as we continue to unlock value and drive innovation in the financial markets!

Source: Original Article

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