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Sefton Fross advises on the Guinness Nigeria Plc’s N10,000,000,000 (Ten Billion Naira) Commercial Paper Programme

Sefton Fross has advised on the Guinness Nigeria Plc’s N10,000,000,000 (Ten Billion Naira) Commercial Paper programme establishment and its 180-day N2,500,000,000 (Two Billion, Five Hundred Million Naira) Series 1 issuance with an effective yield of 6% and 270-day N2,500,000,000 (Two Billion, Five Hundred Million Naira) Series 2 issuance with an effective yield of 6.5%. Guinness Nigeria, a member of the Diageo group is a leading alcoholic and non-alcoholic beverage…

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Sefton Fross has advised the Debt Management Office on the N150,000,000,000 Sukuk III Issuance.

Sefton Fross advises DMO

Sefton Fross has advised on the N150, 000,000,000.00 (One hundred and fifty Billion Naira) Series III Sukuk issuance by the Debt Management Office (DMO) of the Federal Government of Nigeria. The issuance of the third Sovereign Sukuk, which followed the debut issuance of N100 billion in September 2017 and a second issuance of another N100 billion in December 2018, came as a result of demand from a wide range…

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