Sterling Bank Limited ₦100.00bn Commercial Paper Issuance Programme

Programme Details
Issuer
Sterling Bank Limited
Size (₦' bn)
100.00
Programme Type
Commercial Paper
Currency
Naira
Face Value (₦)
1,000
No. of Series
N/A
Status
Registered
Status
Registered

Programmes

Series

Compliance Status

Corporate Disclosures

Lead Sponsor
Joint Sponsor(s)
Use of Proceeds
Stanbic IBTC Capital Limited
Constant Capital Markets and Securities Limited
SCM Capital Limited
The net proceeds from each issue of Notes under the Programme will be used solely to support the Issuer’s shortterm funding requirements, as part of its asset and liability management strategy for its banking operations or as may otherwise be described in the Applicable Pricing Supplement.
Issuing and Placing Agent(s) (IPA)
Collecting and Paying Agent (s) (CPA)
Issuing, Placing, Paying and Collecting Agent(s) (IPCA)
Constant Capital Markets and Securities Limited
SCM Capital Limited
Stanbic IBTC Capital Limited
Stanbic IBTC Bank PLC
N/A
Lead Sponsor
Stanbic IBTC Capital Limited
Joint Sponsor(s)
Constant Capital Markets and Securities Limited
SCM Capital Limited
Use of Proceeds
The net proceeds from each issue of Notes under the Programme will be used solely to support the Issuer’s shortterm funding requirements, as part of its asset and liability management strategy for its banking operations or as may otherwise be described in the Applicable Pricing Supplement.
Issuing and Placing Agent(s) (IPA)
Constant Capital Markets and Securities Limited
SCM Capital Limited
Stanbic IBTC Capital Limited
Collecting and Paying Agent (s) (CPA)
Stanbic IBTC Bank PLC
Issuing and Placing Agent(s) (IPA)
N/A
Programme Document

Issuer Rating (s)

A+/Agusto & Co. A-/GCR
Series
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