Nigerian Breweries Commercial Paper

Nigerian Breweries

IssuerNigerian Breweries PLC
SectorConsumer Goods
IndustryBrewery
Programme₦100.00bn Commercial Paper Issuance Programme
Face Value (₦)1,000.00
CurrencyNigerian Naira
Issuer RatingAgusto & Co: Aa-
GCR: AA
Joint Lead Arrangers and DealersFBNQuest Merchant Bank Limited
FCMB Capital Markets Limited
Stanbic IBTC Capital Limited
Issuing, Calculation and Paying AgentStanbic IBTC Bank PLC
CP SpecialistN/A
UnderwriterN/A
GuarantorN/A
Day Count ConventionActual/Actual
Use of ProceedsThe net proceeds from each issue will be used solely to support the Issuer’s short term funding requirements
Early RedemptionN/A
SeriesIssue Amount (₦’bn)TenorIssue DateMaturity DateDiscount Rate at Issue (%)Yield at Issue (%)Offer Document
824.33268 daysApr. 15, 2020Jan. 8, 20216.65877.0000Pricing Supplement
93.10120 daysNov. 2, 2020Mar. 2, 20212.77452.8000Pricing Supplement
107.15183 daysNov. 2, 2020May 4, 20212.95563.0000Pricing Supplement
1110.0968240 daysNov. 2, 2020Jun. 30, 20213.13413.200Pricing Supplement
121.05120 daysMar. 3, 2021Jul. 1, 20212.62712.6500Pricing Supplement
130.94183 daysMar. 3, 2021Sep. 2, 20213.58443.6500Pricing Supplement
142.67267 daysMar. 3, 2021Nov. 25, 20214.59054.7500Pricing Supplement