The Nigerian Stock Exchange (NSE), on Wednesday, listed the first N8.5bn 15-year 15.6% Series 1 Guaranteed Fixed Rate Senior Green Infrastructure of North-South Power Company Limited due February 27, 2034, under N50bn bond issuance programme. Allotment/issue date was February 27, 2019, while coupon payment dates are fixed at February 27 and August 27 each year, up to and including the maturity date.
To commemorate the listing, the board and management of the company were at the NSE to perform the Closing Gong Ceremony.
Caption: Mallam Ibrahim Aliyu, Chairman, North-South Power Company Limited (second left) sounding the closing gong; flanked by Chinua Azubike, Chief Executive Officer, Infracredit (left); Olumide Bolumole, Divisional Head, Listings Business, The Nigerian Stock Exchange (middle); Dr. Olubunmi Peters, Executive Vice Chairman, North-South Power Company Limited (second right); and Oladapo Peters, Director, North-South Power Company Limited (right) during the ceremony.