Lagos State Government of Nigeria the ₦115.00bn Series 1 10-Year 15.25% Fixed Rate Bonds Due 2033
Issue Details
Series
1
1
Issue Amount (N'bn)
115.00
115.00
Tenor (Years)
10
10
Coupon
15.25
15.25
Issue Date
May. 23, 2023
May. 23, 2023
Maturity Date
May. 23, 2033
May. 23, 2033
Status
Listed
Listed
Issuer
Programme
Offer Documents
Issuer Ratings
Issue Price
Redemption
Coupon Frequency
At par. N 1,000.00 (One Thousand Naira)
Amortised redemption of the Principal Amount from the Issue Date following the expiration of the Principal Moratorium Period with respect to the Principal Amount; or upon a call, at Par.
Semi-annual interest payments, payable in arrears in the 6th and 12th month of each year from the Issue Date up to and including the Maturity Date.
Issue Price
At par. N 1,000.00 (One Thousand Naira)
Joint Issuing Houses
Amortised redemption of the Principal Amount from the Issue Date following the expiration of the Principal Moratorium Period with respect to the Principal Amount; or upon a call, at Par.
Redemption
Semi-annual interest payments, payable in arrears in the 6th and 12th month of each year from the Issue Date up to and including the Maturity Date.
Offer Document(s)
| Title | Size | Download |
|---|---|---|
| 1. LASG Series I – Pricing Supplement (Executed) | 4.99 MB | DownloadPreview |
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