Nigeria: Standard and Poor Assigns 'B' Rating to Govt's Planned Eurobond

20 November 2017

Standard & Poor's (S &P), one of the global rating agencies has assigned its 'B' long-term issue ratings to the proposed United States dollar-denominated Eurobonds to be issued by the federal government.

The agency in a two-paragraph statement explained that the amount and interest rate, among other details of the bond, would be determined during the placement.

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