MTN Nigeria Communications Plc
| Issuer | MTN Nigeria Communications Plc |
|---|---|
| Sector | Telecommunications |
| Industry | Telecommunications |
| Programme | ₦200.00bn Commercial Paper Issuance Programme |
| Face Value (₦) | 1,000.00 |
| Currency | Nigerian Naira |
| Issuer Rating | AA\GCR Aa\ Agusto&Co. |
| Arranger | Chapel Hill Denham Advisory Limited |
| Issuing and Placing Agent | Chapel Hill Denham Advisory Limited |
| Collecting and Paying Agent | United Bank for Africa Plc Rand Merchant Bank Nigeria Limited 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 each issue of Notes under the Programme will be used to support the Issuer's short-term working capital and funding requirements or as may otherwise be described in the Applicable Pricing Supplement |
| Early Redemption | N/A |
| Series | Issue Amount (₦’bn) | Tenor | Issue Date | Maturity Date | Discount Rate (%) | Yield at Issue (%) | Offer Document |
|---|---|---|---|---|---|---|---|
| 1 | 20.00 | 182 days | Jun. 8, 2020 | Dec. 7, 2020 | 4.7834 | 4.90 | Pricing Supplement |
| 2 | 80.00 | 270 days | Jun. 8, 2020 | Mar. 5, 2021 | 5.6997 | 5.95 | Pricing Supplement |