Nosak Distilleries Limited series 3 Commercial Paper (CP) offer of up to N5 billion under its Commercial Paper issuance programme is now open.
Nosak Distilleries Limited intends to raise N5 billion via series 3 Commercial Paper issuance under its N20 billion Commercial Paper Programme.
Read also: Commercial papers up 89% in H1 as firms raise N789 bn
The firm has indicated that the issue proceeds will be used to finance short-term funding needs.
The offer is scheduled to close on or before Wednesday, September 6, at 11:30 a.m.
Iheanyi Nwachukwu
Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.
Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).
