Lagos State Infrastructure Sukuk SPV PLC Series 2 ₦19.82bn 7-Year 14.68% Forward Ijarah Lease Sukuk due 2030
Issue Details
Series
2
2
Issue Amount (N'bn)
19.82
19.82
Tenor (Years)
7
7
Coupon
14.68
14.68
Issue Date
May. 23, 2023
May. 23, 2023
Maturity Date
May. 23, 2030
May. 23, 2030
Status
Listed
Listed
Issuer
Programme
Offer Documents
Issuer Ratings
Issue Price
Redemption
Coupon Frequency
N1,000.00 (One Thousand Naira)
The Sukuk will be redeemed through the gradual Purchase of the Lease Assets during the Sukuk Period.
Semi-annual payments, payable in arrears in the 6th and 12th month of each year from the Issue Date up to and including the Maturity Date, of both the Rental and Purchase Price.
Issue Price
N1,000.00 (One Thousand Naira)
Joint Issuing Houses
The Sukuk will be redeemed through the gradual Purchase of the Lease Assets during the Sukuk Period.
Redemption
Semi-annual payments, payable in arrears in the 6th and 12th month of each year from the Issue Date up to and including the Maturity Date, of both the Rental and Purchase Price.
Offer Document(s)
| Title | Size | Download |
|---|---|---|
| Series II Sukuk Pricing Supplement_Executed | 7.54 MB | DownloadPreview |
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