The South Pacific Stock Exchange says the launch of RB Patel Group Limited’s Wholesale Corporate Bond offer marks another milestone in the ongoing expansion of Fiji’s capital markets.
RB Patel Group Limited is seeking to raise $20 million through this offer, with the option to accept up to an additional $10 million in oversubscriptions.
SPX says it takes note with interest of the sustained engagement of corporates in exploring capital raising opportunities within the wholesale corporate bond market.
It says it also underscores the growing recognition of corporate debt instruments as an effective means of achieving financial flexibility and securing long-term funding.
The offer opened on 6th October 2025 and is scheduled to close on 25th November 2025, as detailed in the issuer’s Information Memorandum.
SPX Trustees Limited, a wholly owned subsidiary of the Exchange, has been appointed Trustee for this secured bond issuance.
SPXT says it will fulfill all trustee responsibilities required under the wholesale corporate bond regulatory framework, including oversight of the issuer’s compliance arrangements.
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