Stowvat Investments Limited: AfDB issues first-ever SOFR-linked transaction in Green bond market

Stowvat Investments Limited

Stowvat Investments Limited is a leading marketer and trader of various Nigerian light crude oil and refined petroleum products worldwide. The secret of Stowvat Investments Ltd's success is based on our continuous developing strategies that guarantee quick delivery at competitive discounted prices that many buyers cannot find elsewhere.

Stowvat Investments Limited Makes The Purchase Of Bonny Light Crude Oil Safe

Through our Associate Crude Oil Marketers and Financiers, we remove fear of non performance with high percentage of performance bond or through bearing the costs of BG/SBLC transmission to our Bank. In TTO/TTT Transactions we offer APG (Advanced Payment Guarantee) equal to the amount of funds our buyers pay to us for Logistics as part of their capability.

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Saturday, 1 December 2018

AfDB issues first-ever SOFR-linked transaction in Green bond market

01 December 2018, Sweetcrude, Abidjan, Côte d’Ivoire — The African Development Bank rated Aaa/AAA/AAA by Moody’s/S&P/Fitch (all stable) successfully priced a dual-tranche US$ 500 million 3-year and US$ 100 million 2-year SOFR-linked Green bond, becoming the first issuer to bring to the market a SOFR-linked Green Bond transaction. The fixed rate tranche, oversubscribed within three hours … More »