Commercial Papers

Series 10 Commercial Paper - ₦4,732,120,000.00 Issuance

Logo Dangote Sugar Refinery PLC


Issuer Description Size (Bn) Issue Date Maturity Date Tenor (days) Face Value Discount Rate Status
Logo Dangote Sugar Refinery PLC
Series 10 Commercial Paper - ₦4,732,120,000.00 Issuance 4,732,120,000,000 2025-06-26 2025-09-24 90 4,732,120,000 19.97 active


Dangote Sugar Refinery Plc is a public limited liability company duly incorporated under the laws of the Federal Republic of Nigeria with registration number RC (613748) and having its registered office at 3rd Floor, Greenview Development Nig. Ltd. Building, Terminal E, NPA, Apapa Port Complex, Apapa Lagos, Nigeria. The company is into Refining of raw sugar to make high quality Vitamin A fortified and non-fortified granulated white sugar. Their business provides key value added support services for our customers including Logistics, Supply Chain Management, Credit and Risk Advice, Sales and Merchandising. Dangote has registered a N4,732,120,000 Billion Series 10 Commercial Paper of its N300 Billion Commercial Paper Issuance Programme which will mature on Wednesday, 24 September 2025.


CP Title: Series 10 Commercial Paper - ₦4,732,120,000.00 Issuance
ISIN: NGDNSRCP25106
Sector: Manufacturing
Categorization: Debt Instrument
Issue Size: 4,732,120,000,000
Discount Rate: 19.97
Face Value: 4732120000
Tenor: 90
Issue Date: 2025-06-26
Maturity Date: 2025-09-24
Instrument Type: Dangote Sugar Refinery PLC ₦4,732,120,000 Series 10 Commercial Paper Issuance
Credit Ratings: Short term rating `A1`, LONG TERM RATING `A+` by data pro limited `A` Rating by Agusto & CO Limited
Issuing and Placing Agent(s) (IPA): Pathway Advisors Limited
Collecting and Paying Agent(s) (CPA): Stanbic IBTC Bank Plc, Guaranty Trust Bank Limited
Issuing, Placing, Paying and Collecting Agent(s) (IPCA): N/A
Status: active
Lead Sponsor Stanbic IBTC Capital Limited
Joint Spnsors
Chairman Arnold Ekpe
Group Managing Director/CEO Thabo Mabe
Executive Director, Operations Mariya Aliko Dangote
Executive Director, Backward Integration Projects Operations Mulhim Eltayeb
Non-Executive Director Olakunle Alake
Non-Executive Director Abdu Dantata
Non-Executive Director Mr. Uzoma Nwankwo
Non-Executive Director Ms. Bennedikter Molokwu
Non-Executive Director Mrs. Yabawa Lawan Wabi (Mni)
Independent Non-Executive Director Yemisi Ayeni
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Address: 3rd Floor, GDNL Building, Terminal E, NPA Apapa Port Complex, Apapa, Lagos
Email: dangotesugar@dangotesugar.com.ng
Web Address: www.sugar.dangote.com
Company Hotline: (+234) 08150983259
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