MARKET BULLETIN


21 July 2025				                                                         NGXREG/IRD/MB51/25/07/21


Craneburg EKSG Motorway Company Plc: Listing of Bonds

Trading Licence Holders are hereby notified that the Craneburg EKSG Motorway Company Plc?s N32,500,000,000.00 20-Year 22% Senior Guaranteed Fixed Rate Infrastructure Bonds due 2045 was listed on Nigerian Exchange Limited today, Monday, 21 July 2025.
 
Below are details of the Bonds:
Particulars	Bond
Issuer	Craneburg EKSG Motorway Company Plc
Guarantor	Infrastructure Credit Guarantee Company Limited
Symbol Name	22.00% CEMC GTEED APR 2045 
Symbol Code	CEMC2045S1 
ISIN Code	NGCEM2045S18 
Bond Description	20 Years 22% Guaranteed Fixed Rate Bonds Due 2045
Gross Proceeds	N32,500,000,000.00
Quantity to be listed	32,500,000
Unit Value	1,000
Price	At par 1,000
Coupon	22% 
Issue Open 	4 March 2025
Issue Close	7 April 2025
Issue Date	23 April 2025
Maturity Date	April 2045 (being the 20th year anniversary from the date of allotment)
Tenor	20 years
Coupon Payment Basis	Semi-annual payment, Fixed Rate
Coupon Payment Dates	23 October and 23 April of each year, to the Maturity Date
First Coupon Payment Date	23 October 2025
Redemption/Payment Basis		Bonds shall be amortised by equal debt service payments semi-annually after the Principal Moratorium Period until the Maturity Date.
Coupon Basis	Fixed rate
Stockbrokers	Anchoria Investment and Securities Limited and CardinalStone Securities Limited
Lead Issuing House	Anchoria Advisory Limited
Joint Issuing Houses	Coronation Merchant Bank, Greenwich Merchant Bank, and Iron Global Markets Limited
Trustees	FBNQuest Trustees Limited
Registrars	CardinalStone Registrars Limited


This is for your information, please.
 
Godstime Iwenekhai
Head, Issuer Regulation Department