Bond Information and Credit Rating
Aradel Holdings’ outstanding bond issue is detailed below
Aradel Holdings’ ₦10.32 Billion Bond Issue Summary
Series
Series I
Issue Date
2023
Maturity Date
2028
Currency
Naira (₦)
Amount
₦10.32bn
Coupon
17% (fixed)
Listing
Financial Markets Dealers Quotations Exchange (FMDQ)
Issue Rating
Agusto & Co Limited: Aa
Global Credit Rating Limited: AA-
Aradel Holdings’ corporate credit ratings are as follows
| Rating Agency | Rating | Outlook | Last review date |
|---|---|---|---|
|
Agusto & Co Limited
|
Aa
|
Stable
|
August 2025
|
|
Global Credit Rating Limited
|
AA-
|
Stable
|
October 2025
|
Aradel Holdings Bond Information
| Series | Amount | Coupon | Coupon Frequency | Maturity Date | Type | Minimum Denomination | Status |
|---|---|---|---|---|---|---|---|
|
Series I
|
₦10.32bn
|
17%
|
Semi-Annual
|
13 January 2028
|
Fixed Rate
|
₦1,000
|
Listed
|
