11.10 FLOURMILLS lllB 27-FEB-2025

11.10 FLOURMILLS lllB 27-FEB-2025

Series3
Issue Amount (₦’bn)7.50
Tenor (Year)5
Issue DateFeb. 27, 2020
Maturity DateFeb. 27, 2025
Coupon (%)11.10
Yield at Issue (%)N/A
Issue Price (₦)At par
CurrencyNigerian Naira
Coupon FrequencySemi-annual
Issue RatingBBB+/GCR
Bbb+/Agusto & Co
Use of ProceedsRefinance existing short term debt obligations and to take advantage of opportunistic investments.
RedemptionPar at maturity
Debt ServiceN/A
Trustee(s)United Capital Trustees Limited
Tax ConsiderationExempted from Nigerian Tax
Offer DocumentPricing Supplement