Nigeria Appoints Stanbic, Goldman Sachs for $100 million Diaspora Bond Sale

By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria through its debt management office (DMO) Tuesday said it has appointed Stanbic IBTC Bank Plc and Goldman Sachs, both as local and international financial advisers respectively for its first ever $100 million Diaspora bond.

Similarly, Nigeria’s DMO said it has also appointed Olaniwun Ajayi LP and Arnold & Porter LLP both as local and international legal advisers.

The debt office said it’s seeking to appoint bookrunners for the bond sale and has advertised to that effect, it said it will name successful bookrunners upon appointment.

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