Commercial Papers

Series 11 Commercial Paper - ₦11,487,504,000.00 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 11 Commercial Paper - ₦11,487,504,000.00 Issuance 11,487,504,000,000 2025-06-26 2025-12-17 174 11,487,504,000 20.73 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 ₦11,487,504,000.00 Billion Series 11 Commercial Paper of its N300 Billion Commercial Paper Issuance Programme which will mature on Wednesday, 24 September 2025.


CP Title: Series 11 Commercial Paper - ₦11,487,504,000.00 Issuance
ISIN: NGDNSRCP25118
Sector: Manufacturing
Categorization: Debt Instrument
Issue Size: 11,487,504,000,000
Discount Rate: 20.73
Face Value: 11487504000
Tenor: 174
Issue Date: 2025-06-26
Maturity Date: 2025-12-17
Instrument Type: Dangote Sugar Refinery PLC ₦11,487,504,000.00 Series 11 Commercial Paper Issuance
Credit Ratings: A+ (Agusto); A- (DataPro)
Issuing and Placing Agent(s) (IPA): Stanbic IBTC Capital Limited, Absa Capital Markets Nigeria Limited, Greenwich Merchant Bank Limited
Collecting and Paying Agent(s) (CPA): Stanbic IBTC Bank Limited and Greenwich Merchant Bank
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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