Coronation Asset Management opens N20bn infrastructure fund series II offer

Coronation Asset Management Limited has opened the Series II issuance of up to N20 billion under the N200 billion Coronation Infrastructure Fund Shelf Programme, providing qualified investors with access to a diversified portfolio of infrastructure debt opportunities while seeking attractive long-term risk-adjusted returns.

The Series II Offer follows the successful completion of all regulatory requirements, including approval by the Securities and Exchange Commission (SEC), and marks the next phase in Coronation Asset Management Limited’s commitment to mobilising long-term private capital for infrastructure development. Building on the successful performance of its inaugural issuance, the Offer expands access to professionally managed infrastructure investments that seek to deliver sustainable value for investors while supporting the development of essential infrastructure assets.

Infrastructure remains a critical driver of economic growth, underpinning business productivity, improving connectivity and expanding access to essential services. Registered by the SEC as a 99-year closed-end Infrastructure Fund, Coronation Infrastructure Fund invests in a diversified portfolio of infrastructure debt opportunities across telecommunications, transport, energy, utilities, social infrastructure, and real estate, targeting projects, companies and Special Purpose Vehicles (SPVs) with resilient cash flows and strong credit fundamentals. Net proceeds from the Series II Offer will be deployed in line with the Fund’s investment…