Deal Announcement: Landmark US$2 billion Domestic US Dollar Bond Programme
G. Elias is proud to have served as solicitors on the establishment and first series issuance of the landmark US$2 billion Domestic US Dollar Bond Programme by the Federal Government of Nigeria facilitated by Nigeria's Debt Management Office. This innovative Programme, the first of its kind, along with the issuance of up to US$500 million in Series 1 Bonds, represents a historic achievement for Nigeria.
The Series 1 Bonds, launched on Monday, August 19, 2024, and open for subscription until August 30, 2024, offers investors an exceptional opportunity for attractive returns while playing a vital role in fostering Nigeria’s economic growth. We are privileged to have contributed to this significant transaction, which not only adds variety but also deepens Nigeria’s capital markets.
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