GCR affirms Dangote Industries’ AA+ positive ratings

GCR Ratings has affirmed Dangote Industries Limited with national-scale long-term and short-term issuer ratings of AA+ and A1+, respectively. In its report on Tuesday, GCR also affirmed the national scale long-term issue rating of AA+(NG) for each of Dangote Industries Funding Plc’s Series 1 NGN10.5bn Tranche A and NGN177.1bn Tranche B Bonds, as well as

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