Ardova Plc (formerly Forte Oil Plc)

Ardova Plc (formerly Forte Oil Plc)

IssuerArdova Plc (formerly Forte Oil Plc)
Programme₦50.00bn Medium Term Bond Programme
Face Value (₦)1,000.00
CurrencyNigerian Naira
Issuer RatingA-/GCR
Lead Issuing House/Book RunnerUnited Capital PLC
Issuing House(s)/Book Runner(s)Boston Advisory Limited, Planet Capital Limited, FBN Capital Limited & Vetiva Capital Management Limited
Bond SpecialistN/A
Day Count ConventionActual/Actual
Debt StatusUnsecured Bond
Programme DocumentShelf Prospectus

IssueIssue Amount (₦’bn)Tenor (Year)Issue DateMaturity DateCoupon (%)
Series 19.005Dec. 2, 2016Dec. 2, 202117.50