GUARANTCO PROVIDES NGN 20.23 BILLION (USD 25 MILLION) COUNTER-GUARANTEE TO INFRACREDIT FOR THE LAGOS FREE ZONE COMPANY 20-YEAR SENIOR GUARANTEED FIXED RATE INFRASTRUCTURE BONDS.
GuarantCo, part of the Private Infrastructure Development Group (PIDG), has provided a NGN 20.23 billion (USD 25 million) counter-guarantee with a sixteen-year tenor to Infrastructure Credit Guarantee Company Limited (InfraCredit) in support of Lagos Free Zone Company’s (LFZC) three guaranteed infrastructure bond issuances totalling NGN 53 billion (USD 65.5 million) This transaction is part of […]