Valency Agro Nigeria Limited’s Series 7 & 8 Up to ₦5 Billion Commercial Paper Issuance (13.00% & 14.00% YIELD)

Image Credit: Coronation Merchant Bank

March 17, 2022/Coronation Merchant Bank

Coronation Merchant Bank Limited (the “Arranger”) is pleased to notify you of the opening of the Series 7 & 8 Commercial Paper Issuance (“CP” or the “Issuance”) by Valency Agro Nigeria Limited (“Valency” or the “Issuer”) under its ₦20 Billion commercial paper programme. The issuance will be across 180 and 270 day tenors for an issue size of up to ₦5 billion.

Kindly find below a summary of the Commercial Paper Issuance:

Click here to access the supporting offer documents indicated below;

  1. Programme Memorandum
  2. Series 7 & 8 Pricing Supplement
  3. The Issuer’s Rating Report by DataPro
  4. Series III & IV Commitment Forms
  5. Valency’s Audited Financial Statement (2017 – 2020)
  6. Valency’s Unaudited Financial Statement (December 2021)
  7. Investors’ Presentation

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