Series 2 Commercial Paper - ₦4,046,744,000 Tranche C ₦1,993,738,000 Issuance
JIMCOL RESOURCES NIGERIA LIMITED
| Issuer | Description | Size (Bn) | Issue Date | Maturity Date | Tenor (days) | Face Value | Discount Rate | Status |
|---|---|---|---|---|---|---|---|---|
|
JIMCOL RESOURCES NIGERIA LIMITED
|
Series 2 Commercial Paper - ₦4,046,744,000 Tranche C ₦1,993,738,000 Issuance | 1,993,738,000 | 2025-11-03 | 2026-11-02 | 364 | 1,993,738,000 | 20.65 | active |
Jimcol Resources Nigeria Limited is a private limited liability incorporated in 1990 as a diversified service provider in the Oil and Gas Industry, (RC: 159411), with office located in 26, Rumuogba Street Obio/Akpor L.G.A,port Harcourt Rivers. The Company’s core business lines include asset integrity and maintenance services covering non-destructive testing (NDT) and rope access services; drilling support services (majorly mudlogging); and training and consultancy services. JIMCOL has registered a N4,046,744,000.00 Billion Series 2 Commercial Paper of its N5 Billion Commercial Paper Issuance Programme which will mature on 2 November 2026.
Programme Document
JIMCOL RESOURCES NIGERIA LIMITED - Commercial Paper
Key Information
Corporate Disclosures
Contact Information
Board Members
Sponsors
| CP Title: | Series 2 Commercial Paper - ₦4,046,744,000 Tranche C ₦1,993,738,000 Issuance |
| ISIN: | NGJCOLCP262C7 |
| Sector: | Oil & Gas |
| Categorization: | Debt Instrument |
| Issue Size: | 1,993,738,000 |
| Discount Rate: | 20.65 |
| Face Value: | 1993738000 |
| Tenor: | 364 |
| Issue Date: | 2025-11-03 |
| Maturity Date: | 2026-11-02 |
| Instrument Type: | JIMCOL RESOURCES NIGERIA LIMITED ₦4,046,744,000.00 Series 2 Tranche C 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): | Wema Bank Plc |
| Issuing, Placing, Paying and Collecting Agent(s) (IPCA): | N/A |
| Status: | active |
| Lead Sponsor | Alpha10 Advisory Partners Limited, FCSL Asset Management Limited |
| Joint Spnsors |
|
| Chairman | Ugwuezi Nwagbara |
| Managing Director | Ndubuisi Nwagbara |
| Executive Director | Agwere Josiah O |
| Non-Executive Director | Nwagbara Emeka |
| Non-Executive Director | Nwagbara Jemimah |
| Non-Executive Director | Nwogbo Samuel E. |
| Date | PDF Download |
|---|
| Address: | 26, Rumogba Street Obio/Akpor L.G.A, Port Harcourt Rivers. |
| Email: | info@jimcolresources.com |
| Web Address: | www.jimcolresources.com |
| Company Hotline: | +2348144378886 |
