Friday, August 03, 2018 /02:35 PM / Arthur Steven Asset Management Research
An investment opportunity in the Lafarge Africa Plc’s Commercial Paper (“CP”) issuance of up to N10 billion in one single tenor – a 120-day CP (“Series 7”) under its N60 billion CP Issuance Programme. The proceeds from the Issuance will be used to refinance existing overdraft facilities and for working capital requirements.
Please find below for your perusal a summary of the indicative terms of the offer:
4. Lafarge Africa Plc Q2 18 Results - Unchanged Rhetoric As Earnings Remain Depressed