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Book Running On Lagos State Govt Series1 N60bn Bond Starts Today

Bonds
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Tuesday, December 13, 2016 11:44 AM / Arthur Steven Asset Management 

The book running process of the N60billion Bond issuance programme by the Lagos State Government commences today December 13, 2016 and ends on December 22, 2016. 

Kindly find below summary of the offer terms: 

Description: cid:image007.jpg@01D2552B.F1501E00

** It is Subject to the receipt of the requisite approval from the SEC 

Kindly DOWNLOAD the under-listed documents for your investment decision: 

1.                   The Term Sheet

2.                  The Red Herring Pricing Supplement

3.                  The Issuer’s Ratings by Agusto & Co.

4.                  The State Rating
 

For advisory purposes, ASAM encourage investors in the proposed issue to place their bids at a range of 200-300 basis points above the current CBN MPR.                                                      

Interested in subscribing for units of the offer or in need of additional information; kindly call Arthur Steven Asset Management vide:

·         Kemi (08086019771), 

·         Mayowa (08077601703)

·         Azeez (08107724346) or

·         Send a request via info@arthursteven.com  

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