Lagos, Nigeria, 30 September 2021 – GCR Ratings (“GCR”) places Wema Funding SPV Plc’s Series 1 and 2 Fixed Rate unsubordinated Bonds of BBB-(NG) on Negative Watch. Rated Entity / Issue Rating class Rating scale Rating Outlook / Watch N6.295bn Series 1 Unsubordinated Bonds Long Term Issue National BBB-(NG) Negative Watch N17.675bn Series 2 Unsubordinated...
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