MTN Nigeria announces N100 billion Commercial Paper issuance

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MTN Nigeria Communications Plc has notified the public of its proposed series I and II commercial paper issuance of up to 50 Billion Naira.

Having already received FMDQ Securities Exchange Plc approval for the registration of its 100,000,000 000 NGN One hundred Billion Naira only commercial paper programme, the issuance is part of the company’s strategy to diversify its financing options with the funds being deployed towards working capital and general corporate purposes.

Further details on the issuance (as well as subsequent issuances) will be communicated to the market as the transactions occur.

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MTN Nigeria announces N100 billion Commercial Paper issuanceMTN Nigeria announces N100 billion Commercial Paper issuance

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MTN Nigeria announces N100 billion Commercial Paper issuanceMTN Nigeria announces N100 billion Commercial Paper issuance

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