Flour Mills of Nigeria PLC is seeking to raise up to ₦6.0bn in the sixth series of its ₦100.0bn Commercial Paper (“CP”) Programme to support its short term funding requirements.
Please see below the details of the offer:
|Issuer||Flour Mills of Nigeria PLC|
|Issuer Rating||‘A2’(Short term) and ‘BBB+’(Long term) by Global Credit Rating Co. Limited|
|Subscription||Minimum of ₦5 million and multiples of ₦1,000 thereafter|
|Offer Open||Thursday, February 7th, 2019|
|Offer Close Date||Wednesday, February 13th, 2019|
|Allotment Date||Thursday, February 14th, 2019|
To invest invest in the commercial paper call your investment adviser or your bank.