Business Dangote Cement issues N50bn Series 3 & 4 CPs at 13.2% – BusinessDay

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Africa’s largest cement producer, Dangote Cement has issued series 3 and 4 of 180-day debt notes under its N150 billion commercial paper (CP) programme. N50 billion worth of CPs have been issued at 13.2 percent according to the dealers Stanbic IBTC and FBNQuest as reported by Bloomberg. This offer brings the total commercial paper…

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