Lagos Nigeria, 10 May 2019 — Global Credit Ratings has downgraded the indicative public rating assigned to Alpha Mead Funding Company Plc’s N1.45bn Series 1 Tranche A Fixed Rate Bonds to BBB(NG), with the outlook placed on ‘Rating Watch’. The indicative rating expires in November 2019. RATING RATIONALE Global Credit Ratings (“GCR”) has accorded the...
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