Federal Republic of Nigeria’s Proposed Diaspora Bonds Assigned ‘B’ Issue Ratings – S&P Global Rating

Culled—Proshare

June 15, 2017/S&P Global Ratings

S&P Global Ratings said today that it has assigned its ‘B’ long-term issue ratings to the proposed U.S. dollar-denominated Diaspora  bonds to be issued by the Federal Republic of Nigeria (B/Stable/B).

The amount and interest rate, among other details of the bond, will be determined during the placement.

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