Lagos, 16 June 2022 – GCR Ratings (“GCR”) has affirmed the national scale long-term issue rating of BBB-(NG) on Wema Funding SPV Plc’s Series 2 fixed rate unsubordinated bonds, with the Outlook maintained on negative rating watch. Rated Entity/Issue Rating class Rating scale Rating Outlook/Watch N17.675bn Series 2 Fixed Rate Unsubordinated Bonds Long Term Issue...
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