Lagos Nigeria, 28 December 2020 — Global Credit Ratings has assigned an indicative national scale long-term rating of ‘A-(NG)’ to Lekki Gardens Estate Limited’s proposed N10bn Fixed Rate Senior Secured Bonds, with the outlook accorded as Stable. The indicative rating expires in May 2021. RATING RATIONALE Global Credit Ratings (“GCR”) has accorded the above credit rating...
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