Guinness Nigeria Plc is seeking to raise up to N5 billion Series 1 and Series 2 Commercial Paper under its N10 billion Commercial Paper Programme. The fund will be used to support its short term funding requirements.
Guinness Nigeria Plc is a member of the Diageo Group – one of the world’s leading manufacturers of spirits, beers and wines. The Company is also one of the leading alcoholic and non-alcoholic beverage companies in Nigeria, with a dominant market share in the stout segment.
Its three brewery plants strategically located in Nigeria has a combined production capacity of c.10.0m hectolitres per annum.