The listing of the NSP-SPV series 1 N8.50 billion 15-year fixed rate green infrastructure bond at 15.60 per cent was under its N50 billion bond issuance programme.
Ms Tumi Sekoni, Associate Executive Director, Capital Markets, FMDQ, was quoted by the statement as saying that, the listing was a positive step toward addressing some of the infrastructural and environmental challenges in the nation. Also speaking, Ms Kaodi Ugoji, Associate Executive Director, Corporate Development, FMDQ, applauded all the parties to the issue for their concerted efforts toward ensuring the success of the issuance.
“FMDQ, therefore, recognises the untapped potential of the DCM for infrastructural development and is actively championing initiatives to leverage on these opportunities, which will promote economic growth and development for the benefit of the citizenry,’’ she said.Dr Olubunmi Peters, NSP Executive Vice Chairman/ Chief Executive Officer, said that the issuance of the first corporate green infrastructure bond in Nigeria was a significant milestone in the company’s long-term corporate strategy.
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