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Coronation Securities Announces Daraju Industries Limited Issuance Of Series 30 Up to ₦5 Billion Commercial Paper (29.50% Yields) - The Revealer
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Coronation Securities Announces Daraju Industries Limited Issuance Of Series 30 Up to ₦5 Billion Commercial Paper (29.50% Yields)

Coronation Securities Limited has announced the issuance of Daraju Industries Limited Series 30 Up to ₦5 Billion Commercial Paper (29.50% Yields) offer to prospective valued investors for participation.

The Series 30 Commercial Paper Issuance (“CP”) of Daraju Industries Limited (“Daraju”, the “Issuer” or the “Company”) of up to ₦5 billion under its ₦20 billion CP Programme which is NOW OPEN is billed to close on Wednesday, 11th December 2024.

The statement issued by Coronation Securities Limited on behalf of Daraju Industries Limited reads: Dear Valued Investor, We are pleased to inform you that the Series 30 Commercial Paper Issuance (“CP”) of Daraju Industries Limited (“Daraju”, the “Issuer” or the “Company”) of up to ₦5 billion under its ₦20 billion CP Programme is NOW OPEN and scheduled to close on Wednesday, 11th December 2024.

Please see below the summary of the indicative terms of the proposed offer

Click here to access the supporting offer documents indicated below;   

  • Programme Memorandum
  • Series 30 Commitment Form
  • Draft Series 30 Pricing Supplement
  • October 2024 Management Accounts
  • Credit Rating Report by GCR
  • Pencom Certificate

For further enquiries, kindly call or email the following contact persons. We look forward to receiving your Commitment Forms.

Mercy Nweke

09123564320

nwekem@coronationsl.com

Azeezat Awonuga
08095821327
awonugaa@coronationsl.com

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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