Fed Govt hires JP Morgan, others to facilitate $6.2bn fresh borrowing

Written by on August 5, 2021

The Federal Government of Nigeria has appointed transaction advisers to facilitate the issuance of Eurobonds in the international capital market.

This was contained in a press statement titled ‘Towards financing the 2021 Appropriation Act – FGN appoints transaction advisers for a Eurobond issuance’, in Abuja on Wednesday by Debt Management Office (DMO), Head of Media, Chinenye Onu.

The statement read, “Activities by Nigeria towards the issuance of Eurobonds in the International Capital Market inched forward today with the appointment of Transaction Advisers by the Federal Government.

The DMO said certain institutions were approved by the Federal Executive Council at its meeting on Wednesday to advise on the Eurobond issuance.


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