Capital Market Featured Finance

LFZC funding SPV Plc bond now LFZC GTEED SEP 2041

THE Nigerian Exchange Limited (NGX) at the weekend implemented the change of name of a tradable bond listed on the floor of the Exchange.

The Trading Licence Holders and the investing public are hereby notified that the change of name of LFZC Funding SPV Plc Bond from 13.25 per cent LFZC SEP 2041 to 13.25 per cent LFZC GTEED SEP 2041 was successfully implemented by the Exchange.

The change is in line with the bond Issuer’s preference and to confirm that the bond is guaranteed by a reputable financial institution.

Also, TSL-SPV Bond changed its name from 10.00 per cent TSL OCT 2030 to 10.00 per cent TSL GTEED OCT 2030. The implementation by Nigerian Exchange Limited (NGX) was successfully done.

The change is in line with the bond Issuer’s preference and to confirm that the bond is guaranteed by Infrastructure Credit Guarantee Limited (InfraCredit), and, therefore, requested that the word guaranteed (GTEED) should be reflected in the name of the bond. The Bond’s trading symbol still remains as TSL2030S1.

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