Issuance of ₦116B Series 2 Bond, largest corporate Bond Issuance in history of the Nigerian capital markets.
| Facility | Pricings | Draw down | Tenor |
| Bond | 12.5% | ₦100B | 2025 |
| Bond (Tranche A, B&C) | 11.25% – 13.5% | ₦50B | 2024-2028 |
| Bank debt | various | ₦335B | 2021-2023 |
| Commercial paper | 8.3% – 9.3% | ₦26B | 2022 |
| Related parties | 6%-8.5% | ₦21B | 2021-2025 |
29th April 2022, Global Credit Ratings
2nd December2021, Moody’s
Affirmed the (P)B2 local currency rating and Aa3.ng national scale rating (NSR) to the NGN300 billion domestic medium-term programme issued by DCP.
Affirmed a B2 long term corporate family rating (CFR). The rating outlook is stable similar to that of the sovereign.
Issuance of ₦116B Series 2 Bond, largest corporate Bond Issuance in history of the Nigerian capital markets.
Successfully raised ₦50B Series 1 Bond, under its fresh ₦300B debt Issuance Programme
New ₦300B Multi-Instrument Programme enabling DCP to issue Green Bonds and Sukuk
Issuance of maiden ₦100B series 1 fixed rate 5-year Bond
| Bond | Date Issued | Tranches | Pricing | Maturity |
|---|---|---|---|---|
| ₦100B | April 2020 | – | 12.5% | 2025 |
| ₦50B | May 2021 | A – ₦3.6B | 11.25% | 2024 |
| B – ₦10.4B | 12.5% | 2026 | ||
| C – ₦35.9B | 13.5% | 2028 | ||
| ₦116B | April 2022 | A – ₦4.3B | 11.85% | 2027 |
| B – ₦23.3B | 12.23% | 2029 | ||
| C – ₦88.4B | 13.0% | 2032 | ||