Infrastructure Credit Guarantee Company Plc (InfraCredit), Nigeria's 'AAA'-rated specialised infrastructure credit guarantee institution, has announced the execution of a US$50 million subordinated unsecured 10-year debt facility with the International Finance Corporation (IFC). The IFC is a member of the World Bank Group and the world's largest global development institution focused on the private sector in emerging markets. The facility is intended to strengthen InfraCredit's capacity to support infrastructure development in Nigeria.
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