Nigeria eurobond follows Jonathan's primary win
Issue 201
- 21 Jan 2011
| 5 minute read
News of Nigeria’s debut sovereign eurobond has been well received by the debt markets and the issue is expected to be oversubscribed, writes Jon Marks in Paris and David Slater. The government took little time in announcing that Nigeria’s debut sovereign eurobond – to raise $500m – would be issued on 21 January, following President Goodluck Jonathan’s victory over former vice president Atiku Abubakar in the ruling People’s Democratic Party (PDP) primary. International investors
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