MPR+7.00 TOWER 9-SEP-2018

MPR+7.00 TOWER 9-SEP-2018

TrancheA
Issue Amount (₦’bn)3.63
Tenor (Year)7
Issue DateSep. 9, 2011
Maturity DateSep. 9, 2018
Coupon (%)MPR+7.00
Yield at Issue (%)N/A
Issue Price (₦)At par
CurrencyNigerian Naira
Coupon FrequencySemi-annual
Issue RatingA-,Expired/DataPro; B+/GCR
ISINNGTOWERS1TA3
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