Stanbic IBTC Bank PLC
| Issuer | Stanbic IBTC Bank PLC |
|---|---|
| Sector | Financial Services |
| Industry | Banking |
| Programme | ₦100.00bn Commercial Paper Issuance Programme |
| Face Value (₦) | 1,000.00 |
| Currency | Nigerian Naira |
| Issuer Rating | AA/GCR AAA/Fitch |
| Arranger | Stanbic IBTC Capital Limited |
| Issuing, Calculation and Paying Agent | Stanbic IBTC Bank PLC |
| CP Specialist | N/A |
| Underwriter | N/A |
| Guarantor | N/A |
| Day Count Convention | Actual/Actual |
| Use of Proceeds | The net proceeds from this issue will be used solely to support the Issuer’s short term funding requirements. |
| Early Redemption | N/A |
| Series | Issue Amount (₦’bn) | Tenor | Issue Date | Maturity Date | Discount Rate at Issue (%) | Yield at Issue (%) | Offer Document |
|---|---|---|---|---|---|---|---|
| 1 | 22.00 | 268 days | Dec. 08, 2020 | Sep. 02, 2021 | 0.99 | 1.00 | Pricing Supplement |