Lagos, 31 May 2022 – GCR Ratings (“GCR”) has assigned a national scale long term Issue rating of A+(NG) to Lagos State Government’s (“Lagos State”, “the State”, or “the Issuer”) 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...
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