Agusto Withdraws Geregu’s ‘A’ Rating after N40bn Bond Default

Emmanuel Addeh in Abuja Agusto & Co has withdrawn the ‘A’ credit rating assigned to Geregu Power Plc and its N40.09 billion Series 1 Senior Unsecured Bond following the power generation

The Briefing Africa

August 15, 2026 · 04:26 · 5 min read

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Emmanuel Addeh in Abuja Agusto & Co has withdrawn the ‘A’ credit rating assigned to Geregu Power Plc and its N40.09 billion Series 1 Senior Unsecured Bond following the power generation

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Agusto Withdraws Geregu’s ‘A’ Rating after N40bn Bond Default