As the lead advisor, First National conducted a thorough due diligence of Euro Marketing and the legal framework for the issuance of securities.
The Euro Marketing conventional bond is a 7.5% coupon, MVR 25 million Bond with a tenure of four years.
This issuance marks the first-ever private placement bond issue through VIYANA of Maldives Stock Exchange.
“We are extremely grateful to the Capital Market Development Authority, the market regulator, and the Maldives Stock Exchange team for the collaboration to make this a success,” stated First National. “It is indeed an important milestone for Euro Marketing, a leading market player in the FMCG market in the Maldives, with a product portfolio renewed for quality and consistency. We are grateful to the owners of Euro Marketing for their trust in us and the team at Euro Marketing for making this a success.”
For more information on the bond, please visit https://viyana.mv/