Issue of ₦4,013,852,000 Series 2 Tranche A Under its N25,000,000,000 Commercial Paper Programme
LEKKI GARDENS ESTATE LIMITED
| Issuer | Description | Size (Bn) | Issue Date | Maturity Date | Tenor (days) | Face Value | Discount Rate | Status |
|---|---|---|---|---|---|---|---|---|
|
LEKKI GARDENS ESTATE LIMITED
|
Issue of ₦4,013,852,000 Series 2 Tranche A Under its N25,000,000,000 Commercial Paper Programme | 4,013,852,000 | 2026-03-05 | 2026-11-30 | 270 | 4,013,852,000 | 18.5 | active |
"Lekki Gardens Estate Limited (“Lekki Gardens”, the “Company” or the “Issuer’) is an indigenous real estate company that
is into the acquisition and development of land and property across the residential, commercial and retail sectors. The
Company’s operations currently span three states (Lagos, Ogun and Rivers) and the Federal Capital Territory, Abuja. Lekki
Gardens was incorporated and commenced operations on August 23, 2012, and has its head office at Plot 1, Lekki
Gardens Estate, KM 24 Lekki Epe Expressway, Lagos.
Lekki Gardens is one of West Africa’s leading master developers. Their distinctive signature projects form a portfolio of
iconic master residential developments in Lagos. They are a real estate company committed to delivering world-class real
estate options to homeowners and rewarding investment grounds for investors. They’ve expanded beyond their Ikoyi roots
to offer a diverse range of properties in Ikeja GRA, Osborne, Alexander Road, and Banana Island, driven by a commitment
to determination, excellence, and continuous evolution."
Programme Document
LEKKI GARDENS ESTATE LIMITED - Commercial Paper
Key Information
Corporate Disclosures
Contact Information
Board Members
Sponsors
| CP Title: | Issue of ₦4,013,852,000 Series 2 Tranche A Under its N25,000,000,000 Commercial Paper Programme |
| ISIN: | NGLGELCP262A8 |
| Sector: | Real Estate |
| Categorization: | Debt Instrument |
| Issue Size: | 4,013,852,000 |
| Discount Rate: | 18.5 |
| Face Value: | 4013852000 |
| Tenor: | 270 |
| Issue Date: | 2026-03-05 |
| Maturity Date: | 2026-11-30 |
| Instrument Type: | LEKKI GARDENS ESTATE LIMITED 25,000,000,000 commercial paper |
| Credit Ratings: | "GCR Ratings (short Term Rating: A2, Long Term Rating: BBB+) DataPro Limited (short Term Rating: A1, Long-Term Rating: A-)" |
| Issuing and Placing Agent(s) (IPA): | Pathway Advisors Limited, FirstCap Limited |
| Collecting and Paying Agent(s) (CPA): | Providus Bank Limited |
| Issuing, Placing, Paying and Collecting Agent(s) (IPCA): | N/A |
| Status: | active |
| Lead Sponsor | Pathway Advisors Limited |
| Joint Spnsors |
|
| Chairman | Hon. Gbenga Oduwaiye |
| Managing Director/Chief Executive Officer | Dr Richard Nyong OON |
| Non-Executive Director | Mrs. Olusola Nyong |
| Independent Non-Executive Director | Engr. Olushola Sanni |
| Executive Director | Dr Christiana Amida |
| Non-Executive Director | Mr. Tola Oshobi, SAN |
| Non-Executive Director | Mr. Funsho Onasanya |
| Date | PDF Download |
|---|
| Address: | Plot 1, Lekki Gardens Estate, KM 24, Lekki-Epe Expressway, Lagos |
| Email: | info@newlekki.com |
| Web Address: | www.lekkigardens.com |
| Company Hotline: | 7001239008 |