Rating action Lagos, 21 August 2023 – 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 Plc’s NGN11.5Bn Series 1 Senior Secured Bonds. The Outlook...
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