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CLOSING TOMORROW: Dangote Sugar Refinery PLC Series 6 & 7 Commercial Paper Offer
(Source: Afrinvest Securities Limited, Date: 11-Dec-2024)
https://stratus.campaign-image.com/images/1282865000108861227_1_1719844599662_zc-noimage.png

Dear Afrinvestor,


Afrinvest Securities Limited is pleased to inform you of the launch of Dangote Sugar Refinery PLC's (...DSR" or the ...Company" or the ...Issuer" ) Series 6 and 7 Commercial Paper offer of up to ₦50 billion under its ₦150bn Commercial Paper Issuance Programme (the ...Offer" ). The Offer is NOW OPEN and scheduled to close on Thursday, 12 December 2024.

 

The Company is a subsidiary of Dangote Industries Limited and is engaged in the refining, distributing, and marketing of granulated sugar to wholesalers and top players in the skin care, food and beverage, and pharmaceutical industries. 


DSR is Sub-Saharan Africa's largest sugar refinery, with a combined installed refining capacity of 1.49 MMT per annum. In the medium term, the Company is targeting additional 1.5MMT of refined sugar from locally grown sugarcane and is on track to becoming a leading global integrated sugar producer with its backward integration plan.


Please see indicative terms of the Commercial Paper Issuance below:

https://stratus.campaign-image.com/images/1282865000108861227_1_1719844599662_zc-noimage.png

For more information,  Please send an email to Brokerageteam@afrinvest.com or contact the team below:


Lagos:

Adebimpe -  +234 913 922 0268
  Deborah -  +234 803 522 3512

Blessing -  +234 702 547 1752
  Margaret -  +234 806 407 1983
  Justice -  +234 809 731 6151
  Oladayo -  +234 816 568 9805
       
Port Harcourt:
Uduak -  
+234 809 023 4238
 
Newlife -  

+234 903 498 1804


       
Abuja: Bolanle -  +234 909 504 1827
  Favour -  +234 701 471 6268
       
Onitsha: Paul -  +234 803 707 1720 
  Haniel -  +234 814 845 9513
  Imuetinyan -  +234 814 226 6258
       
Kano: Moses -  +234 803 589 9665
  Helen -  +234 813 669 6980

Thank you for choosing Afrinvest Securities Limited.


Best regards,

https://stratus.campaign-image.com/images/1282865000108861227_1_1719844599662_zc-noimage.png
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