Eligibility Criteria
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- Eligibility Criteria
Eligible Sectors
Gas to Power
Gas pipelines, storage/logistical facilities, downstream gas processing and development.
Social Infrastructure
The provision of economic and social infrastructure (e.g. housing, hospitals, education) within towns and cities.
Inputs to Infrastructure
Construction, manufacturing of goods, equipment or other basic materials and services used in provision of infrastructure.
Agriculture
Infrastructure component of agro-industrial projects e.g. investments in agro-food processing/storage for agribusiness.
Power
The generation, transmission and/or distribution of electricity, including off-grid embedded power electrification.
Renewable Energy
Alternative energy and renewable energy technologies ranging from solar power, wind power, and hydroelectricity
ICT/ Telecom
Local telephone services and IT network, internet solutions, voice, data center and cloud services to providers.
Waste Management
Solid waste disposal/collection, transportation and waste treatment, including waste recycling facilities.
Transportation
Fixed transportation infrastructure e.g. toll roads, bridges, rail, airports, ports and bulk storage/handling facilities.
Water Distribution
Urban/rural fresh water production and treatment, bulk water supply and distribution
Eligibility Criteria
By adopting a ‘zero loss underwriting policy’ EQUITY TRUST SAVINGS CHRIS TRADING will only underwrite a portfolio that contains lower potential default frequency and loss severity characteristics.
ELIGIBLE TRANSACTIONS
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Naira denominated
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Debt Instrument (including Sukuk}
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Must be an eligible Infrastructure Activity
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Acceptable Credit Profile based on EQUITY TRUST SAVINGS CHRIS TRADING's internal credit assessment
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Asset value is not directly linked to oil
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Adequate Security Package
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Debt Tenor of up to 25 years
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Satisfies EQUITY TRUST SAVINGS CHRIS TRADING's Environmental and Social Safeguards Standards
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Is not on EQUITY TRUST SAVINGS CHRIS TRADING’s Project Exclusion List
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Issuer is PENCOM Compliant
ELIGIBLE INFRASTRUCTURE ACTIVITY
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Agricultural Infrastructure
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Energy
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Electricity Generation, Transmission and Distribution
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Gas to Power
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ICT Telecoms
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Inputs to Infrastructure
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Power
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Transportation
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Urban infrastructure including social & economic infrastructure e.g. housing, hospitals
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Waste Management Services
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Minimum “bbb”
ELIGIBLE ENTITIES
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Special Purpose Vehicles/ Companies
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Operating Infrastructure Companies
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Privatised Companies
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Parastatals or Public Corporations