The company disclosed the payment in a statement to the Nigerian Exchange Limited and the investing public on Thursday.
According to the company, the payment was made to the trustees of the bond, covering both the interest obligation and part repayment of the principal.
The bond was issued under Geregu Power’s Bond Issuance Programme and has a total value of N40.085bn.
The payment comes as the power company continues to meet its obligations to investors while addressing legacy matters that pre-date its current board.
Geregu said the outstanding legacy issues would not affect its ability to meet its financial obligations.
