FMDQ, NSE List North South Power Company N8.50bn Bond - THISDAYLIVE

The FMDQ OTC Securities and Nigerian Stock Exchange have listed the North South Power Company Limited N8.50 billion 15.60 per cent 15-year Fixed Rate Senior Green Infrastructure Bond under its N50 billion bond issuance programme.

“FMDQ, being an exchange with a passion for infrastructure and sustainable development in Nigeria, has again demonstrated its unflinching commitment in this regard by providing due diligence and availing its credible and efficient platform for the listing and trading of the NSP-SPV PowerCorp Bond,” he said.

“The success of the transaction further highlights the growing appetite for socially responsible investment in the Nigerian debt capital markets. This Series 1 N8.5 billion 15 Year 15.60 per cent Guaranteed Fixed Rate Senior Green Infrastructure Bond provides a new vista of opportunity not just for companies in the financial sector, but for other corporate companies in Nigeria,” he added.

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