Daraju Industries Limited ₦20.00bn Commercial Paper Issuance Programme

Programme Details
Issuer
Daraju Industries Limited
Size (₦' bn)
20.00
Programme Type
Commercial Paper
Currency
Nigerian Naira
Face Value (₦)
N/A
No. of Series
37
Status
Registered
Status
Registered

Programmes

Series

Compliance Status

Corporate Disclosures

Lead Sponsor
Joint Sponsor(s)
Use of Proceeds
FBNQuest Merchant Bank Limited
Coronation Merchant Bank Limited
CardinalStone Partners Limited
Cordros Capital Limited
Unless otherwise stated in the applicable Pricing Supplement, the net proceeds from each issue of the CPs will be applied to support the Issuer’s short term funding requirements, as part of its working capital management strategy
Issuing and Placing Agent(s) (IPA)
Collecting and Paying Agent (s) (CPA)
Issuing, Placing, Paying and Collecting Agent(s) (IPCA)
FBNQuest Merchant Bank Limited
Lead Sponsor
FBNQuest Merchant Bank Limited
Joint Sponsor(s)
Coronation Merchant Bank Limited
CardinalStone Partners Limited
Cordros Capital Limited
Use of Proceeds
Unless otherwise stated in the applicable Pricing Supplement, the net proceeds from each issue of the CPs will be applied to support the Issuer’s short term funding requirements, as part of its working capital management strategy
Issuing and Placing Agent(s) (IPA)
Collecting and Paying Agent (s) (CPA)
Issuing and Placing Agent(s) (IPA)
FBNQuest Merchant Bank Limited
Programme Document

Issuer Rating (s)

No data was found
Series
Issue
37
Issue Amount (N'bn)
6.08
Tenor (Days)
181
Discount (%)
21.85
Issue Date
Jun. 24, 2025
Maturity Date
Dec. 22, 2025
Issue
36
Issue Amount (N'bn)
4.23
Tenor (Days)
90
Discount (%)
23.55
Issue Date
Mar. 19, 2025
Maturity Date
Jun. 17, 2025
Issue
35
Issue Amount (N'bn)
2.35
Tenor (Days)
269
Discount (%)
25.88
Issue Date
Feb. 4, 2025
Maturity Date
Oct. 31, 2025
Issue
34
Issue Amount (N'bn)
3.05
Tenor (Days)
269
Discount (%)
24.57
Issue Date
Feb. 4, 2025
Maturity Date
Oct. 31, 2025

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