MCM Funding SPV PLC 19.50% ₦1.61bn Series 1 3-Year Fixed Rate Senior Unsecured Bond
Issue Details
Unique Identifier
NGMCM2029S18
NGMCM2029S18
Series
1
1
Issue Amount (N'bn)
1.61
1.61
Tenor (Years)
3
3
Coupon
19.50
19.50
Status
Listed
Listed
Issuer
Programme
Offer Documents
Issuer Ratings
Issue Price
Redemption
Coupon Frequency
₦1,000 per Unit
The Bond shall be subject to a one (1) year moratorium on the repayment of the Principal Amount from the Issue Date. Amortisation of the Principal Amount shall commence immediately upon the expiration of the one (1) year moratorium period and continue thereafter until the Principal Amount is fully redeemed at par
Semi-annual coupon payments, payable in arrears in the 6th and 12th months of each year commencing from the Issue Date up to and including the Maturity Date.
Issue Price
₦1,000 per Unit
Joint Issuing Houses
The Bond shall be subject to a one (1) year moratorium on the repayment of the Principal Amount from the Issue Date. Amortisation of the Principal Amount shall commence immediately upon the expiration of the one (1) year moratorium period and continue thereafter until the Principal Amount is fully redeemed at par
Redemption
Semi-annual coupon payments, payable in arrears in the 6th and 12th months of each year commencing from the Issue Date up to and including the Maturity Date.
Offer Document(s)
No data was found
Issue Rating
N/A
N/A
