{
  "id": 3075438,
  "title": "GPC Energy and Logistics plans N30 Billion infrastructure bond offer",
  "url": "https://urgent.news/2026/08/24/gpc-energy-and-logistics-plans-n30-billion-infrastructure-bond-offer",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T17:54:16.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/08/24/gpc-energy-and-logistics-plans-n30-billion-infrastructure-bond-offer/"
  },
  "original_language": "en",
  "account": "GPC Energy and Logistics Limited has announced plans to issue a N30 billion Series 1 Senior Guaranteed Fixed Rate Infrastructure Bond as part of its N100 billion Bond Issuance Programme. The company, founded by former banker Elvis Chukwudi Okonji, is a Nigerian B2B haulage and logistics firm that has grown from five trucks in 2010 to a fleet of over 900 trucks, serving major clients like Nestlé and Nigerian Breweries. The bond issuance, fully guaranteed by Infrastructure Credit Guarantee Company Plc (InfraCredit), represents a significant return to Nigeria's debt capital market for GPC Energy and Logistics. The 10-year bond is targeted at Qualified Institutional Investors and High-Net-Worth Investors and is not GPC's first foray into the debt capital market; in 2021, it issued a N20 billion bond under a N50 billion programme. The new bond offers substantial returns relative to the company's financial scale, with a maturity and coupon rate yet to be disclosed.",
  "summary": "GPC-SPV Company Plc has announced plans to issue a N30 billion Series 1 Senior Guaranteed Fixed Rate Infrastructure Bond under its N100 billion Bond Issuance Programme. The post GPC Energy and Logistics plans N30 Billion infrastructure bond offer appeared first on Nairametrics .",
  "key_points": [
    "GPC Energy and Logistics plans N30 billion infrastructure bond",
    "Bond issued by Nigerian B2B haulage and logistics firm",
    "Series 1 Senior Guaranteed Fixed Rate Infrastructure Bond"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}