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Emerging Markets

Investors worry as Geregu Power defaults on bond payments

Nairametrics · 1h ago · 🇳🇬 Nigeria

Investors worry as Geregu Power defaults on bond payments

Geregu Power Plc has defaulted on its N40.09 billion Series 1 Senior Unsecured Bond, missing both its eighth semi-annual coupon obligation and its scheduled fourth principal bullet repayment, according to an updated listing status published by FMDQ Securities Exchange. The post Investors worry as Geregu Power defaults on bond payments appeared first on Nairametrics .

Read the full story at Nairametrics →

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