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Dangote Sugar Refinery ₦50 billion Commercial Paper Subscription Ends Today

Coronation Asset Management Limited is pleased to inform you that Dangote Sugar Refinery ₦50 billion Commercial Paper Series 15 & 16 Subscription Ends Today under its ₦300 billion CP Programme. 

The Offer is NOW OPEN and scheduled to close on Wednesday, 15th October 2025. The Company is a subsidiary of Dangote Industries Limited and engaged in the refining, distributing, and marketing of granulated sugar to wholesalers and top players in the skin care, food and beverage, and pharmaceutical industries.

DSR is Sub-Saharan Africa’s largest sugar refinery, with a combined installed refining capacity of 1.49 MMT per annum. In the medium term, the Company is targeting additional 1.5MMT of refined sugar from locally grown sugarcane and is on track to becoming a leading global integrated sugar producer with its backward integration plan. Please see below indicative terms of the Offer:

For more information on the Offer, please refer to the offer documents listed below, which can be accessed through this link:

Programme MemorandumSeries 15 & 16 Pricing SupplementsSeries 15 & 16 Commitment FormsRating Report2025 Pencom CertificateAudited Financial Statements (2022 – 2024)H1 2025 Interim Financial StatementHNI Declaration

CLICK HERE TO DOWNLOAD SERIES 15 COMMITMENT FORM
CLICK HERE TO DOWNLOAD SERIES 16 COMMITMENT FORM
For further inquiries, please do not hesitate to contact the undersigned: Olamilekan Babatunde[email protected] 09021104211 Vivian Zannou[email protected]08186006008

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