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Press release: Energicotel PLC raises Rwf 2.9bn in oversubscribed bond offering
Summary by The New Times | Rwanda
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Press release: Energicotel PLC raises Rwf 2.9bn in oversubscribed bond offering
KIGALI 7th October 2025– Energicotel PLC (ECTL), Rwanda’s Independent Power Producer and engineering consulting firm, has announced the successful closure of its Series Two Billion Rwanda Francs (Frw 2 billion) corporate bond, which attracted overwhelming investor interest with a subscription rate of 145%. A total of Frw 2.9 billion worth of subscriptions were received against the Frw 2 billion issued bond, underscoring strong investor confidenc…
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