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Nigeria raises largest Eurobond yet with $3bn issuance

by LOLADE AKINMURELE & ONYINYE NWACHUKWU

November 21, 2017 | 1:45 am
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Nigeria has raised $3 billion in Eurobonds with 10 and 30 year maturities.  The Notes comprise a U$1.5 billion 10-year series and a US$1.5 billion 30-year series, which will be repayable with a bullet repayment of the principal on maturity. The 10-year series will bear interest at a rate of 6.5 percent, while the 30-year…

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by LOLADE AKINMURELE & ONYINYE NWACHUKWU

November 21, 2017 | 1:45 am
  |     |     |   Start Conversation

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