Lagos Free Zone raises N17.5 billion Infrastructure Bond

Lagos Free Zone has announced successful issuance of the 17.5billion Naira 20-year Series III Infrastructure Bond.

This development was contained in a post by the Zone on it LinkedIn account this morning.

- Join our Telegram Community -

In the post, Lagos Free Zone said “We are excited to announce the successful issuance of the 17.5billion Naira 20-year Series III Infrastructure Bond raise by the Lagos Free Zone. It also gives us immense pleasure to acknowledge the contribution of all the transaction teams involved, as this achievement would not have been possible without their collaborative efforts.

“At LFZ, we remain committed to realising our vision of creating a world class industrial hub and enhancing Nigeria’s ease of doing business. We extend our heartfelt gratitude to InfraCredit, Stanbic IBTC, FCMB Group, FSDH Group, Radix Capital Partners and Cardinal Stone for their unwavering support throughout this journey.

“This is just the beginning, and we assure you of more groundbreaking transactions in the future.”

- Advertisement -

Present at the bond signing event were key members of the Lagos Free Zone board, including Dinesh Rathi and Mrs. Adesuwa Ladoja, who were appointed yesterday as Non Executive Director and Executive Director by the Board of Lekki Port LFTZ Enterprise Limited (LPLEL), the promoters of Lekki Deep Sea Port.

- Download GistAfri App on Google Playstore -

RELATED GIST

- Advertisement -
- Advertisement -
- Join us on Telegram -

Latest

- Advertise Here -