Welcome to Dangote Cement Plc
30th March 2021, Global Credit Ratings
2nd December2021, Moody’s
Affirmed the (P)B2 local currency rating and Aa3.ng national scale rating (NSR) to the NGN300 billion domestic medium-term programme issued by DCP.
Affirmed a B2 long term corporate family rating (CFR). The rating outlook is stable similar to that of the sovereign.
In April 2020, we successfully completed the issuance of ₦100B series 1 fixed rate 5-year bond at a rate of 12.5%
In May 2021, DCP successfully raised series 1, Tranche A, B and C 3-year, 5-year and 7–year unsecured fixed rate Bonds, under a fresh ₦300 billion multi-instrument Issuance Programme
DCP’s new ₦300B Multi-Instrument Programme enables it to issue Green Bonds and Sukuk, allowing the company to leverage the depth and breadth of the Nigerian market