6.25 FLOURMILLS IV B 14-DEC-2027

6.25 FLOURMILLS IV (B) 14-DEC-2027

Issue Amount (₦’bn)25.00
Tenor (Year)7
Issue DateDec. 14, 2020
Maturity DateDec. 14, 2027
Coupon (%)6.25
Yield at Issue (%)N/A
Issue Price (₦)At par
CurrencyNigerian Naira
Coupon FrequencySemi-annual
Issue RatingA-/Agusto & Co
Use of ProceedsRefinance existing short term debt obligations and to take advantage of opportunistic investments.
RedemptionPar at maturity
Debt ServiceN/A
Trustee(s)United Capital Trustees Limited
Tax ConsiderationExempted from Nigerian Tax
Offer DocumentPricing Supplement