Lagos, 30 September 2021 – GCR Ratings (“GCR”) has upgraded the national scale issue ratings of FCMB Financing SPV Plc’s Series 1 and 3 Bonds to BBB(NG), with the Outlook revised to Positive from Negative. Rated Issue Rating class Rating scale Rating Outlook N26bn Series 1 Unsecured Subordinated Bond Long term issue National BBB(NG) Positive N5.1bn Series 3 Unsecured Subordinated Bond Long...
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