President Muhammadu Buhari
The Federal Executive Council (FEC) at its meeting on Wednesday approved a new Medium-Term Debt Management Strategy for Nigeria, for the period of 2020 to 2023.
The strategy allows the government to borrow more from domestic sources.
The Debt Management Office disclosed this in a press release titled “Federal Executive Council approves a new debt management strategy for Nigeria’.
Part of the statement said, “Based on the current public debt stock, government’s borrowing needs in the medium-term (as stated in the 2021 Appropriation Act, MTEF, 2021-2023), as well as future global trends, Nigeria’s 2020-2023 MTDS can be summarised as follows:
Revised Results of the Global Tender Offer Launched by Rallye on Its Unsecured Debt
Regulatory News:
Further to the press release published by Rallye (Paris:RAL) this morning in relation with the results of the global tender offer on its unsecured debt launched on 22 January 2021 (the
Tender Offer ) (see Rallye s press release dated 22 January 2021), Rallye announces tonight the revised results of its Tender Offer.
Subject to the fulfillment of the conditions precedent set out below:
Rallye will acquire a total amount of unsecured debt of approximately 195.4m for a total repurchase price of approximately 39.1m reducing the total amount of its unsecured debt by approximately 156.3m; and
Long Island City resident Dylan Syer was arraigned in New York on charges including grand larceny, according to a Page Six report. Syer allegedly used credit cards belonging to Hart, 41, to fund a lavish lifestyle that included high-end watches, bags and a Sam Friedman painting.Acco
Nasdaq Stockholm decides to officially list 1 bond loan issued by Vattenfall AB
with effect from 2021-02-12. Last day of trading is set to 2029-02-02. The
instrument will be listed on STO Sustainable Bonds.