Valency Agro Nigeria Limited ₦40.00bn Commercial Paper Issuance Programme

Programme Details
Issuer
Valency Agro Nigeria Limited
Size (₦' bn)
40.00
Programme Type
Commercial Paper
Currency
Nigerian Naira
Face Value (₦)
N/A
No. of Series
10
Status
Registered
Status
Registered

Programmes

Series

Compliance Status

Corporate Disclosures

Lead Sponsor
Joint Sponsor(s)
Use of Proceeds
FirstCap Limited
Quantum Zenith Capital & Investments Limited
Unless otherwise stated in the applicable Pricing Supplement, the net proceeds from each issue of the CPs will be applied by the Issuer for its short-term financing requirements
Issuing and Placing Agent(s) (IPA)
Collecting and Paying Agent (s) (CPA)
Issuing, Placing, Paying and Collecting Agent(s) (IPCA)
Not applicable
FBNQuest Merchant Bank Limited
Lead Sponsor
FirstCap Limited
Joint Sponsor(s)
Quantum Zenith Capital & Investments Limited
Use of Proceeds
Unless otherwise stated in the applicable Pricing Supplement, the net proceeds from each issue of the CPs will be applied by the Issuer for its short-term financing requirements
Issuing and Placing Agent(s) (IPA)
Not applicable
Collecting and Paying Agent (s) (CPA)
Issuing and Placing Agent(s) (IPA)
FBNQuest Merchant Bank Limited
Programme Document

Programme Memorandum
Issuer Rating (s)

DataPro/BBB
Series
Issue
10
Issue Amount (N'bn)
0.76
Tenor (Days)
268
Discount (%)
22.88
Issue Date
Mar. 19, 2025
Maturity Date
Dec. 12, 2025
Issue
9
Issue Amount (N'bn)
2.37
Tenor (Days)
268
Discount (%)
25.88
Issue Date
Feb. 5, 2025
Maturity Date
Oct. 31, 2025
Issue
8
Issue Amount (N'bn)
7.41
Tenor (Days)
268
Discount (%)
24.92
Issue Date
Feb. 12, 2025
Maturity Date
Nov. 7, 2025
Issue
7
Issue Amount (N'bn)
4.51
Tenor (Days)
180
Discount (%)
25.37
Issue Date
Feb. 12, 2025
Maturity Date
Aug. 11, 2025

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