Flour Mills of Nigeria 5 and 7 Year Bond Issue is Coming Soon

Proshare

Sunday, November 08, 2020   /08:09 AM / by Arthur Steven Asset Mgt / Header Image Credit: FMN

 

The Flour Mills of Nigeria PLC ("Flour Mills" or "FMN") 5 year and 7-year bond Issue is imminent.

 

In its over five-decade history, FMN has been notable for:

 

Strong Brand & Reputation - FMN's Golden Penny brand continues to be one of the best known and the preferred brand amongst bakers, confectioneries and consumers in Nigeria

 

Strong Industry Leadership - The quality of its products as well as its support initiatives has led to dominant market position

 

Experienced & Stable Management Team - The Senior management team has vast local and international experience in the consumer sector. Most of the members of the senior management team have been in the Flour Mills Group for more than 10 years

 

Corporate Governance Practices - Sound governance, risk management and compliance culture in adherence to international best practices Sustained Positive

 

Financial Trajectory - FMN has continued to thrive in recent years, recording decent performance despite the macro-economic headwinds and challenges faced in Nigeria's consumer goods market

 

Please find below the indicative terms of the Offer:

Proshare Nigeria Pvt. Ltd.

 

We look forward to your participation in the Flour Mills of Nigeria PLC 5 and 7-Year Bond issue of up to N30 billion.

 

For further information; kindly send a request via info@arthursteven.com


 Proshare Nigeria Pvt. Ltd.


Related News

1.      Flour Mills of Nigeria Plc - On Course for a Solid Year?

2.     Flour Mills of Nigeria Q4 2020 and Q1 2021 Results Review: Upgrading to Outperform

3.     Flour Mills of Nigeria Plc Lists Bonds on NSE

4.     Flour Mills of Nigeria Q3 2020 Results Review: Neutral Rating Maintained Despite Strong Results

5.     Invest in Flour Mills Tranche A and Tranche B Bonds Issuance Programme

6.     Flour Mills of Nigeria Series 12 Commercial Paper Is Now Open

7.     Flour Mills of Nigeria Series 11 Commercial Paper Closes Today December 12th, 2019

8.     Flour Mills of Nigeria Q2 2020 Results Review: Squeeze in Flour PBT Weighs on Group Earnings

9.     Flour Mills of Nigeria Q4 2019 Results Review: Earnings Hurt By Competitive Headwinds

10.  Flour Mills of Nigeria Q3 2019 Results Review: Neutral Rating Maintained



 Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP