Dangote Sugar to Raise N200bn via Multi-Instrument Issuance Programme

Dangote Sugar Refinery Plc has notified the Nigerian Exchange Limited and the investing public of the successful registration of its ₦200 Billion multi-instrument issuance programme with the Securities and Exchange Commission.

The registration of the Multi-Instrument Issuance Programme represents a significant step for Dangote Sugar and reinforces the Company’s commitment to diversifying its funding sources in alignment with its corporate objectives.

The Management of the Company will take decisions to proceed with issuances of any series of securities under the Multi-Instrument Issuance Programme in due course, subject to prevailing market conditions and obtaining relevant regulatory approvals. The specific details of such issuance will be disclosed in the appropriate transaction documents at the relevant time.

Leave a Reply

Your email address will not be published. Required fields are marked *