Mecure Industries PLC ₦20.00bn Commercial Paper Issuance Programme

Programme Details
Issuer
MeCure Industries PLC
Size (₦' bn)
₦20.00bn
Programme Type
Commercial Paper
Currency
Nigerian Naira
Face Value (₦)
N/A
No. of Series
12
Status
Registered
Status
Registered

Programmes

Series

Compliance Status

Corporate Disclosures

Lead Sponsor
Joint Sponsor(s)
Use of Proceeds
Cordros Capital Limited
CardinalStone Partners Limited
FSDH Capital Limited
Greenwich Merchant Bank Limited
United Capital PLC
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)
Cordros Capital Limited
Union Bank PLC
N/A
Lead Sponsor
Cordros Capital Limited
Joint Sponsor(s)
CardinalStone Partners Limited
FSDH Capital Limited
Greenwich Merchant Bank Limited
United Capital PLC
Use of Proceeds
To support the Issuer's short term funding requirements
Issuing and Placing Agent(s) (IPA)
Cordros Capital Limited
Collecting and Paying Agent (s) (CPA)
Union Bank PLC
Issuing and Placing Agent(s) (IPA)
N/A
Programme Document

Pricing Supplement
Issuer Rating (s)

BBB/GCR A-/DataPro
Series
Issue
12
Issue Amount (N'bn)
6.50
Tenor (Days)
266
Discount (%)
23.26
Issue Date
Jun. 20, 2024
Maturity Date
Mar. 13, 2025
Issue
11
Issue Amount (N'bn)
6.03
Tenor (Days)
268
Discount (%)
18.20
Issue Date
Feb. 27, 2024
Maturity Date
Nov. 21, 2024
Issue
10
Issue Amount (N'bn)
5.12
Tenor (Days)
268
Discount (%)
16.68
Issue Date
Dec. 12, 2023
Maturity Date
Sep. 5, 2024
Issue
9
Issue Amount (N'bn)
5.20
Tenor (Days)
268
Discount (%)
16.15
Issue Date
Sep. 12, 2023
Maturity Date
Jun. 6, 2024
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