The trio is set to lose a combined $1.4B on United Site Services as Platinum gets ready to turn over control of the company to lenders, sources told Bloomberg. Fortress, Ares and Blackstone were some ...

Commercial paper (CP) is a short-term, unsecured debt instrument issued by private companies to raise working capital. Because it is not backed by collateral, investors rely heavily on the issuer’s ...

Investment firm VFD Group has announced the successful redemption of its N12.83bn Series 5 Commercial Paper issued under its N20bn CP Programme. According to a statement from the firm on Tuesday, the ...

VFD Group Plc has successfully redeemed its N12.83 billion Series 5 Commercial Paper (CP) issued under its N20 billion Commercial Paper Programme. The redemption was executed on its maturity date of ...

Dangote Cement Plc is targeting to raise up to N100 billion from its ongoing Series 1 & 2 Commercial Paper (CP) issuance. The Series 1 & 2 Commercial Paper issuance is under Dangote Cement Plc’s N500 ...

181-day Series 1 with a 16.10% discount rate, implying a 17.50% yield. 265-day Series 2 with a 16.70% discount rate, implying a 19.00% yield. The minimum subscription for the offer is N50 million, ...

Dangote Cement has opened a N100 billion Commercial Paper offer under its N500 billion program, offering investors yields up to 19% as the cement giant continues to demonstrate robust financial ...