Offer Forms

FGN Sukuk Subscription Form 2023 - RETAIL

STATUS:1.Qualifies as securities in which trustees can invest under the Trustee Investment Act.2.Qualifies as Government securities within the meaning of Company Income Tax Act (“CITA”) and Personal Income Tax Act (“PITA”) for Tax Exemption for Pension Funds, amongst other investors.3.To be listed on theNigerian ExchangeLimitedand FMDQ Securities ExchangeLimited.4.Classified as Liquid Asset by the Central Bank of Nigeria.5.Certified by the Financial RegulationAdvisory Council of Experts (FRACE)of the Central Bank of Nigeria.SECURITY: Backed by the full faith and credit of the Federal Government of Nigeria. INSTRUMENT TYPE:Forward Ijarah(Lease) SukukISSUER:FGN Roads Sukuk Company 1 Plc. on behalf of the Federal Government of Nigeria.UNITS OF SALE:N1,000 per unit subject to a minimum Subscription of N10,000 and in multiples of N1,000 thereafter.RENTAL PAYMENT:Payable Half Yearly.REDEMPTION:Bullet repayment on the date of maturity.USE OF PROCEEDS:Proceeds will be used solely for the construction and rehabilitation of key roadprojectsand bridges across the six geopolitical zones of the country. FEDERAL GOVERNMENT OF NIGERIASUKUK OFFER FOR SUBSCRIPTIONPursuant to the Local Loans (Registered Stock and Securities) Act, CAP. L17, LFN 2004Onthe authority of theFEDERAL GOVERNMENT OF NIGERIA FGN ROADS SUKUK COMPANY 1 PLC (FGN RSC1)Offers for Subscription throughGREENWICH MERCHANT BANK LIMITED; STANBIC IBTC CAPITAL LIMITED; &VETIVA CAPITAL MANAGEMENT LIMITED (the “Issuing Houses”)who areauthorized to receive applications forN150,000,000,000.0010-Year Ijarah Sukuk due October 2033Rental Rate: 15.75%Per AnnumOpening Date:Closing Date:October 3, 2023October 11, 2023Settlement Date:October 13, 2023SUMMARY OF THE OFFERINTERESTED INVESTORS SHOULD CONTACT THE ISSUING HOUSESAND FINANCIAL ADVISER TO THE ISSUEGreenwich Merchant Bank Limited Plot 1698A, Oyin Jolayemi Street Victoria Island, Lagoswww.greenwichbankgroup.comVetivaCapital Management Limited Plot 266B, Kofo Abayomi Street Victoria Island, Lagoswww.vetiva.comStanbic IBTC Capital LimitedI.B.T.C. Place Walter Carrington Crescent Victoria Island, Lagoswww.stanbicibtccapital.comBuraq Capital Limited3rd Floor, Muktar El-Yakub Place, Central Business District, Abujawww.buraqcapital.comRECEIVING BANKSStanbic IBTC Bank Ltd.Jaiz Bank Plc.Lotus Bank Ltd.Sterling Bank Plc.Taj Bank Ltd.Zenith Bank Plc.Greenwich Merchant Bank Ltd.PLACEMENT AGENTSAccess Bank Plc.Citi Bank Nigeria Ltd.Coronation Merchant Bank Ltd.Ecobank Nigeria Ltd.FBNQuest Merchant Bank Ltd First Bank of Nigeria Ltd.First City Monument Bank Plc.FSDH Merchant Bank Ltd.Guaranty Trust Bank Plc.Stanbic IBTC Bank Ltd.Standard Chartered Bank Nigeria Ltd.United Bank for Africa Plc.Zenith Bank Plc.Or download the Application Form at:www.dmo.gov.ngContact us at: enquiries@dmo.gov.ng; And Registered Stockbroking Firms Download

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