Union Bank

Union Bank

IssuerUnion Bank Plc
SectorFinancial Services
IndustryBanking
Programme₦100.00bn Commercial Paper Issuance Programme
Face Value (₦)1,000.00
CurrencyNigerian Naira
Issuer RatingAgusto: A -
DataPro: A -
Joint Arrangers and DealersStanbic IBTC Capital Limited,
Standard Chartered Capital & Advisory Nigeria Limited
Issuing, Calculation and Paying AgentStanbic IBTC Bank Plc
CP SpecialistN/A
UnderwriterN/A
GuarantorN/A
Day Count ConventionActual/Actual
Use of ProceedsTo support the Bank’s short term funding requirements
Early RedemptionN/A
SeriesIssue Amount (₦’bn)TenorIssue DateMaturity DateDiscount Rate at Issue (%)Yield at Issue (%)Offer Document
517.50180 DaysOct. 22, 2020Apr. 20, 20213.68203.7500Pricing Supplement
62.50270 DaysOct. 22, 2020Jul. 19, 20214.12054.2500Pricing Supplement
715.00180 DaysNov. 13, 2020May 12, 20210.74720.7500Pricing Supplement
82.58180 DaysApr. 21 2021Oct. 18, 20218.50008.8719Pricing Supplement
932.38268 DaysApr. 21 2021Jan. 14, 202210.000010.7924Pricing Supplement