INTRO
Nigeria's Debt Management Office says the country has repaid a $500 million Eurobond owed since 2013.
It said the payment was part of a dual-tranche $1 billion Eurobond for a tenor of ten 10 years at a coupon of 6.375 per cent per annum.
The Eurobond was Nigeria's first foray into the international capital market.
Correspondent Ajeck Mangut reports.
INTRO: "A statement...
OUT: SOC
DUR: 51"
Clip: http://www.fsnradionews.com/feeds/1307Nigeriarepays$500mEurobonddebt-AM-generic.mp3