New Bond Listing: Craneburg EKSG Motorway Company Plc
Date: July 21, 2025
Source: Nigerian Exchange Limited (NGX)
Exciting news from the Nigerian Exchange! Craneburg EKSG Motorway Company Plc’s N32.5 billion bonds have officially been listed today. Let’s take a deep dive into the bond details:
Bond Overview
• Issuer: Craneburg EKSG Motorway Company Plc
• Guarantor: Infrastructure Credit Guarantee Company Limited
• Bond Type: 20-Year 22% Senior Guaranteed Fixed Rate Infrastructure Bonds Due 2045
• Gross Proceeds: N32,500,000,000.00
• Quantity to be Listed: 32,500,000 bonds
• Unit Value: N1,000
• Price: At par, N1,000
• Coupon Rate: 22% annually
Important Dates
• Issue Open: March 4, 2025
• Issue Close: April 7, 2025
• Issue Date: April 23, 2025
• Maturity Date: April 2045 (20 years from allotment date)
Coupon Payment Details
• Frequency: Semi-annual payments (Fixed Rate)
• Payment Dates: Every April 23 and October 23
• First Coupon Payment Date: October 23, 2025
Redemption Plan
• The bonds will be amortised with equal debt service payments made semi-annually after the principal moratorium period.
Issuing Houses & Brokers
• Lead Issuing House: Anchoria Advisory Limited
• Joint Issuing Houses: Coronation Merchant Bank, Greenwich Merchant Bank, Iron Global Markets Limited
• Stockbrokers: Anchoria Investment & Securities, CardinalStone Securities
• Trustee: FBNQuest Trustees Limited
• Registrar: CardinalStone Registrars Limited
About the Bonds
These bonds are designed to fund long-term infrastructure development, with a 22% guaranteed fixed coupon rate, making them an attractive option for investors looking for steady income over the next 20 years. The semi-annual payments and predictable redemption schedule further enhance their appeal to institutional and retail investors alike.
A New Milestone for Craneburg EKSG Motorway Company Plc
The listing of these bonds marks a significant step in the company’s growth and commitment to Nigeria's infrastructure development. The bonds are backed by a strong guarantor, offering investors a secure way to engage in the growth of key infrastructure projects.
Conclusion
This bond issue offers a solid investment opportunity with a high fixed interest rate, long-term returns, and a reliable repayment plan. Perfect for anyone looking to invest in Nigeria’s growing infrastructure sector!
Date: July 21, 2025
Source: Nigerian Exchange Limited (NGX)
Exciting news from the Nigerian Exchange! Craneburg EKSG Motorway Company Plc’s N32.5 billion bonds have officially been listed today. Let’s take a deep dive into the bond details:
Bond Overview
• Issuer: Craneburg EKSG Motorway Company Plc
• Guarantor: Infrastructure Credit Guarantee Company Limited
• Bond Type: 20-Year 22% Senior Guaranteed Fixed Rate Infrastructure Bonds Due 2045
• Gross Proceeds: N32,500,000,000.00
• Quantity to be Listed: 32,500,000 bonds
• Unit Value: N1,000
• Price: At par, N1,000
• Coupon Rate: 22% annually
Important Dates
• Issue Open: March 4, 2025
• Issue Close: April 7, 2025
• Issue Date: April 23, 2025
• Maturity Date: April 2045 (20 years from allotment date)
Coupon Payment Details
• Frequency: Semi-annual payments (Fixed Rate)
• Payment Dates: Every April 23 and October 23
• First Coupon Payment Date: October 23, 2025
Redemption Plan
• The bonds will be amortised with equal debt service payments made semi-annually after the principal moratorium period.
Issuing Houses & Brokers
• Lead Issuing House: Anchoria Advisory Limited
• Joint Issuing Houses: Coronation Merchant Bank, Greenwich Merchant Bank, Iron Global Markets Limited
• Stockbrokers: Anchoria Investment & Securities, CardinalStone Securities
• Trustee: FBNQuest Trustees Limited
• Registrar: CardinalStone Registrars Limited
About the Bonds
These bonds are designed to fund long-term infrastructure development, with a 22% guaranteed fixed coupon rate, making them an attractive option for investors looking for steady income over the next 20 years. The semi-annual payments and predictable redemption schedule further enhance their appeal to institutional and retail investors alike.
A New Milestone for Craneburg EKSG Motorway Company Plc
The listing of these bonds marks a significant step in the company’s growth and commitment to Nigeria's infrastructure development. The bonds are backed by a strong guarantor, offering investors a secure way to engage in the growth of key infrastructure projects.
Conclusion
This bond issue offers a solid investment opportunity with a high fixed interest rate, long-term returns, and a reliable repayment plan. Perfect for anyone looking to invest in Nigeria’s growing infrastructure sector!