Lagos, 23 August 2022 – GCR Ratings (“GCR”) has affirmed the national scale long-term and short-term Issuer ratings of A-(NG) and A2(NG), respectively assigned to Axxela Limited. Concurrently, GCR has affirmed the national scale long-term Issue rating of A-(NG)(EL) accorded to Axxela Funding 1 SPV Plc’s N11.5bn Series 1 Senior Secured Fixed Rate Bonds. The...
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