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Agusto & Co Withdraws Geregu Power Rating After US$29 Million Bond Default

Rio Times

BusinessRio Times·Aug 15, 2026·1 min read

Agusto & Co Withdraws Geregu Power Rating After US$29 Million Bond Default

Nigeria · FINANCE Key Facts —The default: Geregu Power Plc missed its eighth semi-annual coupon and fourth scheduled principal repayment on its N40.09 billion Series 1 Senior Unsecured Bond in early August 2026. —The instrument: The bond…

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