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Dufil Prima announces N30 billion Series 3 & 4 Commercial Paper

Dufil Prima Foods Plc, Nigeria’s pioneer, and largest producer of noodles has announced the issuance of its N30 billion Series 3 & 4 Commercial Paper Notes Under the Company’s Commercial Paper Issuance Programme.

The paper will be listed on the FMDQ trading platform a few days after its allotment date.

The company plans to raise as much as N30 billion through its Series 3 notes, and an additional N30 billion from its Series4 notes under its Commercial Paper Issuance Programme.

However, offer for the N30 billion Series 3 & 4 Commercial Paper which will be officially issued on the 2nd of March 2021, and subsequently listed on the FMDQ trading platform, have been flagged open for interested participant on19th of February, the offer is expected to close by the 26th of this month.

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