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Guinness Lists Commercial Papers

Guinness Nigeria, a subsidiary of U.K. Based firm, Diageo plans to list 10 billion naira short-term debt instrument on February 18 on the FMDQ OTC … Continue reading Guinness Lists Commercial Papers


Nigerian Stock Exchange

GuinnessGuinness Nigeria, a subsidiary of U.K. Based firm, Diageo plans to list 10 billion naira short-term debt instrument on February 18 on the FMDQ OTC securities exchange.

In a statement to the Nigerian Stock Exchange, the brewery company explained it will list 7.23 billion naira in series 2 paper and 2.77 billion naira series 3 commercial papers.

This comes after the successful issuance of the 182 day series 2 and the 268 day series 3 commercial papers on November 4, 2015, the first by a non-financial institution.