South African Media Group 15min Raises R10.5 Million Through Three-Year Bond Placement

On 28 October, Lithuanian-founded South African media group 15min announced that it had placed R10.5 million in three-year bonds, exceeding its initial R10 million first-tranche target. Investor demand exceeded R14 million, with more than 600 investors participating, and the bonds carry an annual interest rate of 9.5% payable quarterly. Media publishers and marketing agencies can explore opportunities in audience measurement, digital advertising and campaign analytics; HPC can support media-data platforms and marketing intelligence systems, with quotations based on confirmed requirements.

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