CP – MIXTA Real Estate PLC Series 3 & 4
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Dear Investor,
FBNQuest Merchant Bank Limited is pleased to notify you of the launch of Mixta Real Estate PLC (“Mixta” or the “Issuer”) Series 3 & 4 Commercial Paper (“CP”) issuances with terms below.
If you would like to participate but do not have up to the required N5m, please send an email to trading@erebuscapital.net to participate through them. Multiples of N500,000 only.
| Issuer: | MIXTA REAL ESTATE PLC | |
| Series: | 3 | 4 |
| Tenor: | 183 days | 270 days |
| Target Size: | Up to NGN[3] billion across both tenors | |
| Discount Rate: | 14.8118% | 15.2980% |
| Implied Yield: | 16.0000% | 17.2500% |
| Offer Open: | [February 19, 2019] | |
| Offer Close: | [February 22, 2019] | |
| Funding Date: | [February 25, 2019] | |
| Issuer Rating: | ‘A3’ Short term (2018) by Global Credit Rating Co. Limited“BBB” Long term (2018) by Global Credit Rating Co. Limited | |
| Minimum Subscription: | NGN5 million | |
| Tax Consideration: | Free and clear of withholding taxes | |