Dangote Sugar Refinery Plc has registered a N200bn multi-instrument issuance programme with the Securities and Exchange Commission (SEC), as disclosed in a statement filed with the Nigeria Exchange Limited by Company Secretary Temitope Hassan.
Key Details:
- The programme underscores Dangote Sugar's commitment to diversifying its funding sources in line with its corporate objectives and strategic growth plans.
- Future issuances under the programme will depend on market conditions and require regulatory approvals.
- Recently, Dangote Sugar issued Series 4 and 5 Commercial Paper notes, raising N42.79bn under its N150bn Commercial Paper Issuance Programme, with strong investor interest from both pension and non-pension asset managers, as well as other institutional and individual investors.
Key Details:
- The programme underscores Dangote Sugar's commitment to diversifying its funding sources in line with its corporate objectives and strategic growth plans.
- Future issuances under the programme will depend on market conditions and require regulatory approvals.
- Recently, Dangote Sugar issued Series 4 and 5 Commercial Paper notes, raising N42.79bn under its N150bn Commercial Paper Issuance Programme, with strong investor interest from both pension and non-pension asset managers, as well as other institutional and individual investors.