[NEWS]: NSE TO LIST N8.5BN CORPORATE INFRASTRUCTURE GREEN BOND.

 

THE NIGERIAN STOCK EXCHANGE IS SET TO LIST NORTH SOUTH POWER COMPANY LIMITED’S N8.5BN CORPORATE INFRASTRUCTURE GREEN BOND ON THE FLOOR OF THE EXCHANGE TODAY (WEDNESDAY).

THE 15-YEAR SERIES 1 GUARANTEED FIXED RATE SENIOR GREEN INFRASTRUCTURE BOND WOULD BE OFFERED AT 15.60 PER CENT AND WOULD MATURE IN 2034.

A STATEMENT FROM THE COMPANY ON YESTERDAY DESCRIBED THE BOND AS THE FIRST CERTIFIED GREEN CORPORATE BOND AND THE LONGEST TENURED CORPORATE BOND ISSUED IN THE NIGERIA DEBT CAPITAL MARKETS.

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