Lagos, 24 January 2020 — Global Credit Ratings has affirmed the long term national scale Issuer rating assigned to Ondo State Government of Nigeria (“Ondo” or “the State”) at BBB-(NG), with the outlook accorded as Stable. Concurrently, the national scale rating accorded to its Tranche 1 N27bn Bond Issuance was also affirmed at A-(NG), with...
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