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The rating of Infrastructure Credit Guarantee Company Limited (InfraCredit) has been affirmed at “Aaa” by Agusto & Co.

Rating Release

The rating of Infrastructure Credit Guarantee Company Limited (InfraCredit) has been affirmed at “Aaa” by Agusto & Co. This rating expires 30 June 2019.

The rating assigned to Infrastructure Credit Guarantee Company Limited (“InfraCredit” or “the Corporation”) is hinged primarily on the support of its shareholder; Nigeria Sovereign Investment Authority (NSIA) and contingent capital provider; GuarantCo Management Company Limited (GuarantCo). The support is demonstrated in the form of contributed capital and active involvement in guiding the Corporation in the formative years through technical and financial support.

The opinions expressed in this rating release do not represent investment or other advice and should therefore not be construed as such. Visit www.agusto.com for further information.

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.