LFZC Funding SPV PLC ₦17.50bn Series 3 Fixed Rate Guaranteed Infrastructure Bond
Issue Details
Series
3
3
Issue Amount (N'bn)
17.50
17.50
Tenor (Years)
20
20
Coupon
15.25
15.25
Issue Date
Mar. 29, 2023
Mar. 29, 2023
Maturity Date
Mar. 29, 2043
Mar. 29, 2043
Status
Listed
Listed
Issuer
Programme
Offer Documents
Issuer Ratings
Issue Price
Redemption
Coupon Frequency
At par. ₦1,000 per unit of the Bond
Bonds shall be amortised by equal debt service payments semi-annually each year commencing 66 (sixty-six) months after the Issue Date until the Maturity Date (each a “Redemption Date”); Interest payments shall accrue from the allotment date and be paid semi-annually in arrears.
Semi-annually in arrears
Issue Price
At par. ₦1,000 per unit of the Bond
Joint Issuing Houses
Bonds shall be amortised by equal debt service payments semi-annually each year commencing 66 (sixty-six) months after the Issue Date until the Maturity Date (each a “Redemption Date”); Interest payments shall accrue from the allotment date and be paid semi-annually in arrears.
Redemption
Semi-annually in arrears
Offer Document(s)
No data was found
