MPR+5.25 TOWER 9-SEP-2018

MPR+5.25 TOWER 9-SEP-2018

TrancheB
Issue Amount (₦’bn)1.00
Tenor (Year)7
Issue DateSep. 9, 2011
Maturity DateSep. 9, 2018
Coupon (%)MPR+5.25
Yield at Issue (%)N/A
Issue Price (₦)At par
CurrencyNigerian Naira
Coupon FrequencySemi-annual
Issue RatingAAA,Expired/DataPro; A/GCR
ISINNGTOWERS1TB1
Use of ProceedsBorrowing and Advancement of Funds to Tower Companies
RedemptionPar at maturity
Debt ServiceN/A
Trustee(s)First Trustees Nigeria Limited
Tax ConsiderationExempted from Nigerian tax
Offer DocumentN/A