Series 1 Commercial Paper - ₦5,835,096,000.00 Issuance
ARN FOODS LIMITED
| Issuer | Description | Size (Bn) | Issue Date | Maturity Date | Tenor (days) | Face Value | Discount Rate | Status |
|---|---|---|---|---|---|---|---|---|
|
ARN FOODS LIMITED
|
Series 1 Commercial Paper - ₦5,835,096,000.00 Issuance | 5,835,096,000 | 2025-12-18 | 2026-12-17 | 364 | 5,835,096,000 | 19.37 | active |
ARN Foods Limited (“ARN Foods” or the “Issuer”), a private limited liability company incorporated in Nigeria, with registration number RC (1597423) and having its registered office located at No.22 Kingsley Emu Street, Lekki Phase 1, Lagos State.
ARN Foods Limited, is a leading player in the Nigerian Agro Industry. The principal activities of the Company include provision of brown rice, write rice, maize, sesame seeds, soya bean seeds, and sorghum. The company's commitment to innovation and quality is further exemplified by its landmark development project.
ARN Foods Limited has registered a N5,835,096,000.00 Billion Series 1 Commercial Paper of its N15 Billion Commercial Paper Issuance Programme which will mature on thursday,17 December 2026
Programme Document
ARN FOODS LIMITED - Commercial Paper
Key Information
Corporate Disclosures
Contact Information
Board Members
Sponsors
| CP Title: | Series 1 Commercial Paper - ₦5,835,096,000.00 Issuance |
| ISIN: | NGARNFCP2611 |
| Sector: | Agriculture |
| Categorization: | Debt Instrument |
| Issue Size: | 5,835,096,000 |
| Discount Rate: | 19.37 |
| Face Value: | 5835096000 |
| Tenor: | 364 |
| Issue Date: | 2025-12-18 |
| Maturity Date: | 2026-12-17 |
| Instrument Type: | ARN FOODS LIMITED N15,000,000,000.00 Commercial Paper Issuance Programme |
| Credit Ratings: | DataPro Limited - (Long Term Rating: BBB+, Short Term Rating: A2) |
| Issuing and Placing Agent(s) (IPA): | Pathway Advisors Limited |
| Collecting and Paying Agent(s) (CPA): | Providus Bank Limited |
| Issuing, Placing, Paying and Collecting Agent(s) (IPCA): | N/A |
| Status: | active |
| Lead Sponsor | Pathway Advisors Limited |
| Joint Spnsors |
|
| Chairman | Nola Rilwan Adetola |
| Managing Director | Muhydeen Giwa Mobolaji |
| Executive Director | Nnanna Alu Chime |
| Executive Director | Olusola Odusanya Olaoluwa |
| Non-Executive Director | Chinedu Okere Jacob |
| Non-Executive Director | Mohmoh Babatunde |
| Non-Executive Director | Zainab Owolabi |
| Date | PDF Download |
|---|
| Address: | 22, Kingsley Emu Street, Lekki Phase 1, Lagos |
| Email: | info@arnfoods.com |
| Web Address: | https://www.arnfoods.com/about |
| Company Hotline: | 07019573742 |