N4trn debt reduction: NBET issues N590bn Series 1 power sector bond

Nigerian Bulk Electricity Trading (NBET) Plc, through its Special Purpose Vehicle (SPV), NBET Finance Company Plc, has issued a N590 billion Series 1 Power Sector Bond – the first issuance under the Presidential Power Sector Debt Reduction Programme. This marks the commencement of the first phase of the bond issuance, which aims to raise N1.23 […]