Gombe State’s 16% ₦12.5 Billion Bond (formerly ₦20 Billion Bond) has been assigned “Bbb+” rating by Agusto & Co

Rating Category: Municipal Bonds

Gombe State’s 16% ₦12.5 Billion Bond (formerly ₦20 Billion Bond) has been assigned “Bbb+” rating by Agusto & Co

RATING RELEASE

Gombe State’s ₦12,554,665,715 Seven Year 16% Fixed Rate Series 1 Bond 2016/2023 (formerly ₦20 billion Bond) has been assigned “Bbb+” rating by Agusto & Co.

This rating expires 30 September 2019.

This Rating Release is transmitted to you for the sole purpose of dissemination through your newspaper / magazine / agency. The rating release may be used by you in full or in part without changing the meaning or context thereof but with due credit to Agusto & Co.

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Finance & Leasing

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Fewchore Finance Company Limited	Bbb-	Jun 30 , 2024	Stable	Nigeria
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