DANGCEM Proposed Issuance of 950 Billion Series 3 and 4 Commercial Paper

Thursday, August 16, 2018 05:55PM / NSE

Dangote Cement PLC (DANGCEM-NL), Africa’s largest cement producer, announces the proposed issuance of N50billion Series 3 and 4 Notes under its N150billion Commercial Paper Programme, announced on 27th June 2018.

Funds raised in the Commercial Paper (CP) Programme will be used for capital expenditure, working capital and general corporate purposes.

Related News

1.            One Week After: DANGCEM Records -0.85% Price Depreciation; Volume Traded Grew by 291.98%

2.           Dangote Cement PLC H1 2018: On Track For a Strong FY’18 Performance

3.           DANGCEM Q2 2018 Results: PAT Came In Behind Estimate By c.37%

4.           Dangote Cement Plc Announces Its Closed Period

5.           Dangote pays 90% of net profits as dividend

6.           DANGCEM Declares N113.16bn PAT in Q2 2018 Results,(SP:N230.00k)

7.           Dangote Cement Plc Is Firing On All Cylinders; On Track For A Strong FY’18 - BUY with TP Of N289.45

8.          Dangote Cement Plc Q1 2018 - Improved Margins Underpin Earnings Growth – ARM Research  Apr 24, 2018

9.           Dangote Cement Reports Q4 2017 Results - Sales and PBT Up By 17% YOY and 116% YOY Respectively  Mar 20, 2018

10.       Dangote Cement Plc - Don't Lose Much Sleep Over 2018 - Proshare  Oct 24, 2017

11.        DANGCEM Declares N72.12bn PAT in Q1 2018 Results,(SP:N248.0k)

12.       Dangote Cement Plc Appoints Cherie Blair and Mick Davies as Independent Non- Executive Directors

13.       Dangote Cement Plc Announces Closed Period

14.       Dangote Cement Plc- Improved Margins But Growth Momentum Cools Off