Details

InfraCredit ("Infrastructure Credit Guarantee Company Ltd"​) a 'AAA'​ rated credit enhancement facility established to provide guarantees to enhance the credit quality of local currency debt instruments (mainly in the form of bonds) issued to finance eligible infrastructure related assets in Nigeria with the specific objective of attracting the investment interest of a pool of capital for whom safety is paramount, such as the pension funds, insurance companies and sovereign wealth funds. InfraCredit is sponsored by Nigeria Sovereign Investment Authority (NSIA) in partnership with GuarantCo Website: http://www.infracredit.ng Industry: Financial Services Company size: 2-10 employees Headquarters: Victoria Island, Lagos Type: Privately Held Founded: 2016 InfraCredit’s total capital base (paid-in and callable capital) will increase to $173m (c. NGN 68.3bn), translating to an aggregate guarantee issuing capacity of up to NGN 342bn (c. $865m) based on its current maximum capital leverage ratio of up to 5x allowable by its rating agencies.