Accelerex SPV PLC ₦2.28bn 5-Year 14.00% Series 1 Bond Due 2027
Issue Details
Unique Identifier
N/A
N/A
Series
1
1
Issue Amount (N'bn)
2.28
2.28
Tenor (Years)
5
5
Coupon
14.00
14.00
Issue Date
Jun. 12, 2022
Jun. 12, 2022
Maturity Date
Jun. 15, 2027
Jun. 15, 2027
Status
Credit Default in the 8th coupon payment and 2nd principal repayment (Final payment confirmed on July 15, 2026)
Issuer
Programme
Offer Documents
Issuer Ratings
Issue Price
Redemption
Coupon Frequency
₦1,000 per Unit
Amortizing on a semi-annual basis after a three (3) year moratorium on principal repayment
Semi-annual, and payable in arrears on 15 June and 15 December of each year up to and including the Maturity Date
Issue Price
₦1,000 per Unit
Joint Issuing Houses
Amortizing on a semi-annual basis after a three (3) year moratorium on principal repayment
Redemption
Semi-annual, and payable in arrears on 15 June and 15 December of each year up to and including the Maturity Date
Offer Document(s)
No data was found
Issue Rating
N/A
N/A