NBET lists ₦728.98bn power sector bonds to settle legacy debts owed to GenCos

KEY POINTS MAIN STORY NBET Finance Company PLC has listed ₦728.98 billion in seven-year fixed-rate bonds on FMDQ Securities Exchange Limited to raise long-term funding for settling outstanding debts owed to electricity generation companies (GenCos). The bonds comprise a ₦402 billion Series 2 Tranche A and a ₦326.98 billion Series 2 Tranche B, issued under … Continue reading NBET lists ₦728.98bn power sector bonds to settle legacy debts owed to GenCos