Flour Mills CP

Flour Mills CP

IssuerFlour Mills of Nigeria PLC
SectorConsumer Foods
IndustryConsumer Products
Programme₦100.00bn Commercial Paper Issuance Programme
Face Value (₦)1,000.00
CurrencyNigerian Naira
ISIN CodeNGCP19FMNS17
Issuer RatingGCR: BBB+
Arrangers and DealerFBNQuest Merchant Bank Limited
Issuing, Calculation and Paying AgentFBNQuest Merchant Bank Limited
CP SpecialistN/A
UnderwriterN/A
GuarantorN/A
Day Count ConventionActual/Actual
Use of ProceedsUnless otherwise stated in the applicable Pricing Supplement, the net proceeds from
each issue of the CPs will be applied to support the Issuer’s short term funding
requirements, as part of its working capital management strategy
Early RedemptionN/A
SeriesIssue Amount (₦’bn)TenorIssue DateMaturity DateDiscount Rate at Issue (%)Implied Yield (%)Offer Document
18.01270 daysSep. 3, 2018Sep. 3, 201812.891114.25Pricing Supplement
25.1893 daysOct. 26, 2018Jan. 23, 201913.750714.25Pricing Supplement
34.24184 daysOct. 26, 2018Apr. 24, 201913.945515.00Pricing Supplement
41.17269 daysOct. 26, 2018Jul. 18, 201913.506915.00Pricing Supplement
55.1893 daysJan. 23, 2019Apr. 26, 201913.750714.25Pricing Supplement
61.74180 daysFeb. 14, 2019Aug. 13, 201913.506915.00Pricing Supplement
82.13263 daysJun. 6, 2019Feb. 24, 202012.2213.40Pricing Supplement
92.41183 daysJun. 17, 2019Dec. 17, 201912.90713.80Pricing Supplement
108.19269 daysJun. 17, 2019Mar. 12, 202013.018414.40Pricing Supplement
112.00270 daysDec. 13, 2019Sep. 8, 20208.87779.50Pricing Supplement
125.00270 daysDec. 23, 2019Sep. 18, 20207.98068.50Pricing Supplement
1310.00182 daysApr. 27, 2020Oct. 26, 20206.53086.7500Pricing Supplement