12.00 NOVAMBL -23-JUL-2027

12.00 NOVAMBL -23-JUL-2027

Series1
Issue Amount (₦’bn)10.00
Tenor (Year)7
Issue DateJul. 23, 2020
Maturity DateJul. 23, 2027
Coupon (%)12.00
Yield at Issue (%)12.00
Issue Price (₦)At par
CurrencyNigerian Naira
Coupon FrequencySemi-annual
Issue RatingBbb-/Agusto&Co

Use of ProceedsThe Issuer shall apply the net proceeds of the Bonds in accordance with the Pricing Supplement
RedemptionBullet Payment at Maturity
Tax ConsiderationExempted from Nigerian Tax
Offer DocumentPricing Supplement