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_
GCR: BBB+
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
10.5290 daysJan. 30, 2019Apr. 30, 201912.830813.25Pricing Supplement
223.82181 daysJan. 30, 2019Jul. 30, 201914.823816.00Pricing Supplement
38.895180 daysJan. 22, 2020Jul. 20, 20204.88005.00Pricing Supplement
417.390268 daysJan. 22, 2020Oct. 16, 20205.74756.00Pricing Supplement