Fedo closes MVR 48.9M bond, making history

7 hours ago

Fedo Private Limited has made history as the first construction company in the Maldives to issue a bond, successfully raising MVR 48.9 million through a private placement on the Viyana Platform. Fedo said the landmark transaction marks a significant step forward for the Maldivian capital market, creating new pathways for businesses across diverse sectors to access long-term financing. The company revealed that