
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;
- Programme Memorandum
- Series 7 & 8 Pricing Supplement
- The Issuer’s Rating Report by DataPro
- Series III & IV Commitment Forms
- Valency’s Audited Financial Statement (2017 – 2020)
- Valency’s Unaudited Financial Statement (December 2021)
- Investors’ Presentation


