[The Herald] The Zimbabwe Stock Exchange has set a minimum amount of $1 million for institutions who want to raise capital through the issuance of debt securities. According to the debt listing rules which are currently awaiting gazetting after they were approved by the Securities and Exchange Commission in mid-June, applicants for listing debt securities must have the intention of raising at least $1 million, in full, through issuance of securities of at least one-year tenure.The rules reflect, inter alia, the rules a ......
↧