March 22, 2021/Fitch Ratings Fitch Ratings has assigned Seplat Petroleum Development Company Plc’s (Seplat; B-/Positive) upcoming senior notes an expected senior unsecured rating of ‘B-(EXP)’. The Recovery Rating is ‘RR4’. The assignment of the final rating is contingent on the receipt of final documentation with terms and conditions being substantially […]
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SEPLAT Issues Notice on Proposed Bond Issue and Conditional Redemption
March 22, 2021/NSE The information contained in this communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior […]
BUACEMENT, STANBIC, INTEBREW Led Nigerian Stocks to Open Week with +0.9% Gain
March 22, 2021/Cordros Report EQUITIES The domestic equities market opened the week on a positive note, as the NSE ASI advance by 0.9% to 38,722.87 points. The performance was buoyed by buying interests in BUACEMENT (+5.1%), STANBIC NL (+10.0%) and INTBREW NL (+5.9%) stocks. Accordingly, Month-to-Date and Year-to-Date losses moderated […]
