PrimeTime raises P105m for new projects

Prime Plaza
Prime Plaza

Property investment firm, PrimeTime Property Holdings has raised P105 million from the capital markets to fund its Pilane Crossing Mall project. In an announcement to the Botswana Stock Exchange (BSE), the company stated that on June 10, 2016 it issued two senior unsecured notes out of the P500 million domestic medium term note programme.

“The BSE has granted the issuer a financial instrument listing and the notes will be listed on the BSE on the 28th June 2016,” it said.

According to PrimeTime, offers were received for P196 million and the total issuance amounted to P105 million for both the five year floating rate note and the eight year fixed rate note.

Editor's Comment
Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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