The Lagos Free Zone Company has announced the issuance of N17.5bn 20-year corporate infrastructure bond which is the third issuance under an upsized N61bn bond issuance programme.
In a statement issued on Thursday, the LFZ stated that the Series 3 Senior Guaranteed Fixed Rate infrastructure bond was due in 2043.
According to the LFZC, the bond issuance was backed by an irrevocable and unconditional guarantee from InfraCredit and accorded a “AAA” long-term credit…
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