Sundry Foods Funding SPV PLC Series 2 Bond
Issue Details
Unique Identifier
Not applicable
Not applicable
Series
2
2
Issue Amount (N'bn)
₦ 5.50
₦ 5.50
Tenor (Years)
5
5
Coupon
16
16
Issue Date
Oct. 23, 2023
Oct. 23, 2023
Maturity Date
Oct. 23, 2028
Oct. 23, 2028
Status
Listed
Listed
Issuer
Programme
Offer Documents
Issuer Ratings
Issue Price
Redemption
Coupon Frequency
At par. N 1,000
Amortized redemption of the Principal Amount following the expiration of a 12 (Twelve) month Principal Moratorium period on the repayment of the Principal Amount
The net proceeds of the Bond Issuance will be utilized for the purchase of the 5-year Fixed Rate Unsecured Notes issued by Sundry Foods Limited, under the terms of the Master Notes Issuance Agreement (‘’MNIA’’) executed between Sundry Foods Funding SPV PLC, Sundry Foods Limited and the Trustees
Issue Price
At par. N 1,000
Joint Issuing Houses
Amortized redemption of the Principal Amount following the expiration of a 12 (Twelve) month Principal Moratorium period on the repayment of the Principal Amount
Redemption
The net proceeds of the Bond Issuance will be utilized for the purchase of the 5-year Fixed Rate Unsecured Notes issued by Sundry Foods Limited, under the terms of the Master Notes Issuance Agreement (‘’MNIA’’) executed between Sundry Foods Funding SPV PLC, Sundry Foods Limited and the Trustees
Offer Document(s)
| Title | Size | Download |
|---|---|---|
| Series 2 Pricing Supplement_Executed | 3.88 MB | DownloadPreview |
No data was found
