1bn eurobonds borrowing fg seeks managers adviser

It appears that the Federal Government of Nigeria (FGN) is seeking to issue 1 billion euros worth of Eurobonds and is looking for managers and advisors to assist with the process.

Here's a breakdown of the request:

The FGN may be looking for a lead manager, co-manager, and/or bookrunner to help with the following tasks:

  1. Underwriting and pricing the Eurobonds
  2. Marketing and promoting the issue to investors
  3. Providing research and analysis to support the issue
  4. Assisting with the distribution of the bonds
  5. Providing post-issuance support and reporting

The FGN may also be seeking advisors to provide guidance on various aspects of the issuance process, such as:

  1. Structuring and pricing the Eurobonds
  2. Developing a marketing and distribution strategy
  3. Providing regulatory compliance advice
  4. Assisting with investor relations and communication

The selection of managers and advisors will likely depend on factors such as their experience in the Eurobond market, their ability to provide competitive pricing and terms, and their reputation for delivering high-quality services.

It's worth noting that the FGN has issued Eurobonds in the past, with the most recent issue being a 10-year bond in 2020. The government has also issued other types of debt securities, including domestic bonds and sukuk.