MTN Nigeria Proposed Issuance of up to N100bn Series 6 & 7 Commercial Paper Notes

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August 16, 2023/NGX

MTN Nigeria Communications Plc hereby notifies of its proposed issuance of up to N100 billion Series 6 & 7 Commercial Paper notes under its Commercial Paper Issuance Programme.

The Issuance is part of the Company’s strategy to diversify its Financing options with the funds being deployed towards short-term working capital and Funding requirements.

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

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