FSDH Merchant Bank Limited ₦40.00bn Commercial Paper Issuance Programme

Programme Details

Issuer

FSDH Merchant Bank Limited

Size (₦' bn)

₦40.00bn

Programme Type

Commercial Paper

Currency

Naira

Face Value (₦)

1,000

No. of Series

19 Status

Registered

Status

Registered

Programmes

Series

Compliance Status

Corporate Disclosures

Lead Sponsor

Joint Sponsor(s)

Use of Proceeds

Stanbic IBTC Capital Limited

Comercio Partners Capital Limited

FCMB Capital Markets Limited

FSDH Capital Limited

Rand Merchant Bank Nigeria Limited

To support the Issuer's short term funding requirements

Issuing and Placing Agent(s) (IPA)

Collecting and Paying Agent (s) (CPA)

Issuing, Placing, Paying and Collecting Agent(s) (IPCA)

N/A

FSDH Merchant Bank Limited

Lead Sponsor

Stanbic IBTC Capital Limited

Joint Sponsor(s)

Comercio Partners Capital Limited

FCMB Capital Markets Limited

FSDH Capital Limited

Rand Merchant Bank Nigeria Limited

Use of Proceeds

To support the Issuer's short term funding requirements

Issuing and Placing Agent(s) (IPA)

N/A

Collecting and Paying Agent (s) (CPA)

N/A

Issuing and Placing Agent(s) (IPA)

FSDH Merchant Bank Limited

Programme Document

Pricing Supplement

Issuer Rating (s)

A/Agusto, A-/GCR

Series

Issue

19 Issue Amount (N'bn)

8.69 Tenor (Days)

240 Discount (%)

11.98 Issue Date

Oct. 24, 2023

Maturity Date

Jun. 20, 2024

Issue

18 Issue Amount (N'bn)

1.69 Tenor (Days)

142 Discount (%)

11.47 Issue Date

Oct. 24, 2023

Maturity Date

Mar. 14, 2024

Issue

17 Issue Amount (N'bn)

5.60 Tenor (Days)

90 Discount (%)

11.42 Issue Date

Oct. 24, 2023

Maturity Date

Jan. 22, 2024

Issue

16 Issue Amount (N'bn)

6.63 Tenor (Days)

270 Discount (%)

12.27 Issue Date

Apr. 28, 2023

Maturity Date

Jan. 23, 2024