Lagos, 19 November 2021 – GCR Ratings (“GCR”) has accorded an indicative long term credit rating of A+(NG)(IR) to Lagos State Government’s (“Lagos State” or “the State”) proposed N137.3bn Series IV Senior Unsecured Fixed Rate Bonds, with the Outlook accorded as Positive. Rated Entity/Issue Rating class Rating scale Rating Outlook / Watch N137.3bn Series IV...
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