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INFRACREDIT
Elektron Finance SPV Plc, a funding vehicle wholly owned by Elektron Energy Development Strategies Limited (“Elektron”), an energy infrastructure development group based in Nigeria, has announced the launch of its N200 billion Bond Issuance Programme.
Infrastructure Credit Guarantee Company Plc (InfraCredit), an NASD-listed firm that guarantees financial instruments used for infrastructure projects, reported a pre-tax profit of N61.5 billion for the full year ended December 2024.
InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, is pleased to announce its guarantee of GLNG Funding SPV Plc’s NGN11.85 billion 10-Year Series II Senior Guaranteed Fixed Rate Infrastructure Bonds Due 2035 (the “GLNG Series II Bonds” or “Bonds”) under the NGN50 billion Debt Issuance Programme.
InfraCredit, a 'AAA’-rated specialised infrastructure credit guarantee institution, is pleased to announce the credit enhancement of Prado Power Limited's Guaranteed Fixed-Rate Senior Green Infrastructure Forward Ijarah Lease Sukuk under a co-financing arrangement with the £10 million Climate Finance Blending Facility (the "Facility") funded by the United Kingdom Foreign, Commonwealth and Development Office (FCDO), the fourth transaction under the Facility.
InfraCredit, a ‘AAA’ rated specialised infrastructure credit guarantee institution, is pleased to announce that it has secured a US$30 million risk-sharing and blended local currency co-financing facility from British International Investment (BII), the UK’s development finance institution and impact investor, to support clean energy transition in Nigeria.
Rating agency, Fitch Ratings (Fitch) affirms Infrastructure Credit Guarantee Company Limited's (InfraCredit) Insurer Financial Strength (IFS) Rating at 'B+' with a Positive Outlook, and its National IFS Rating at 'AAA(nga)' with a Stable Outlook.
Rating agency, Global Credit Ratings (“GCR”) re-affirmed the “AAA” credit rating of Infrastructure Credit Guarantee Company Limited (“InfraCredit”), for the seventh (7th) consecutive time with stable outlook.
InfraCredit is pleased to announce the successful completion of a US$15 million subordinated unsecured 10-year facility with the African Development Bank Group (AfDB).
This strategic meeting is in alignment with the vision of the new SEC's leadership in bringing on board innovation and development aimed at accelerating domestic credit from the capital markets to the private sector, which will create jobs, reduce poverty, and promote economic growth.
The InfraCredit's guaranteed infrastructure bond issuance has won the award category for “Best Project Bond" from the EMEA FINANCE LIMITED Achievement Awards.
InfraCredit, a specialized infrastructure credit guarantee institution in Nigeria and the African Trade & Investment Development Insurance ("ATIDI"),...
InfraCredit is pleased to announce the credit enhancement of ACOB Lighting Technology Limited, a renewable energy company's debt issue.