Flour Mills of Nigeria PLC ₦200.00bn Commercial Paper Issuance Programme

Programme Details
Issuer
Flour Mills of Nigeria PLC
Size (₦' bn)
200.00
Programme Type
Commercial Paper
Currency
Naira
Face Value (₦)
N/A
No. of Series
8
Status
Registered
Status
Registered

Programmes

Series

Compliance Status

Corporate Disclosures

Lead Sponsor
Joint Sponsor(s)
Use of Proceeds
FBNQuest Merchant Bank Limited
FCMB Capital Markets Limited
Chapel Hill Denham Advisory Limited
Cordros Capital Limited
Kairos Capital Limited
Quantum Zenith Capital & Investments Limited
Comercio Partners Limited
CardinalStone Partners 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
FBNQuest Merchant Bank Limited
N/A
Lead Sponsor
FBNQuest Merchant Bank Limited
Joint Sponsor(s)
FCMB Capital Markets Limited
Chapel Hill Denham Advisory Limited
Cordros Capital Limited
Kairos Capital Limited
Quantum Zenith Capital & Investments Limited
Comercio Partners Limited
CardinalStone Partners 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)
FBNQuest Merchant Bank Limited
Collecting and Paying Agent (s) (CPA)
FBNQuest Merchant Bank Limited
Issuing and Placing Agent(s) (IPA)
N/A
Programme Document

Pricing Supplement
Issuer Rating (s)

TitleSizeDownload
Flour Mills 2022 Rating 591.72 KB DownloadPreview

No data was found
Series
Issue
7
Issue Amount (N'bn)
12.95
Tenor (Days)
179
Discount (%)
21.08
Issue Date
Apr. 15, 2024
Maturity Date
Oct. 11, 2024
Issue
8
Issue Amount (N'bn)
48.79
Tenor (Days)
249
Discount (%)
21.73
Issue Date
Apr. 15, 2024
Maturity Date
Dec. 20, 2024
Issue
6
Issue Amount (N'bn)
9.83
Tenor (Days)
178
Discount (%)
17.39
Issue Date
Mar. 5, 2024
Maturity Date
Aug. 30, 2024
Issue
5
Issue Amount (N'bn)
32.54
Tenor (Days)
270
Discount (%)
15.89
Issue Date
Feb. 19, 2024
Maturity Date
Nov. 15, 2024

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