Nigerian Breweries Plc Series 9 and 10 Commercial Paper Now Open

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Friday, October 23, 2020 / 2:22 PM / NSE/ Header Image Credit: Nigerian Breweries


Nigerian Breweries Plc ("the Company") is pleased to inform the investing public of the continuation of its Commercial Paper ("CP") programme with the launch of Series 9 and 10 of the programme which opens on 23rd October, 2020. While Series 9 would be for a tenor of 180 days, Series 10 would be for 270 days. The CP Programme aims to raise up to N20 billion to support the Company's short-term funding needs. The CP Programme continues to provide the opportunity for non-equity investors to invest in the Company, support the Company's cost management initiatives and serve as an additional source of funding for the Company.


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