Issue of ₦16,755,434,000.00 Series 2 Under its N20,000,000,000 Commercial Paper Programme
VERITASI HOMES & PROPERTIES PLC · VERHCP2729
Status
Active
About Commercial Paper
Veritasi Homes & Properties Plc (“Veritasi” or “the Company”) is one of the leading indigenous real estate development company registered under the laws of the Federal Republic of Nigeria (RC:1412813) with office located at No. 8B, Olufemi Pedro Street, Parkview Estate, Ikoyi, Lagos. Veritasi Homes commenced operations in May 2017 and has built a diverse real estate portfolio and strong track record with operations currently spanning two states (Lagos & Ogun) and the Federal Capital Territory, Abuja. Veritasi Homes has successfully delivered nearly 3,000 housing units including serviced plots and retail outlets to end-buyers in Nigeria.
Commercial Paper Information
Sunday, 26 July 2026 at 18:12
| Issuer | Description | Issued Date | Maturity Date | Tenor (days) | Discount(%) | Status |
|---|---|---|---|---|---|---|
| VERITASI HOMES & PROPERTIES PLC | Issue of ₦16,755,434,000.00 Series 2 Under its N20,000,000,000 Commercial Paper Programme | 07 May, 2026 | 06 May, 2027 | 364 days | 19.0383% | Active |
Related Company Information
- CP Title
- Issue of ₦16,755,434,000.00 Series 2 Under its N20,000,000,000 Commercial Paper Programme
- ISIN
- NGVERHCP2729
- Sector
- Real Estate
- Categorization
- Debt Instrument
- Issue Size
- 16,755,434,001
- Discount Rate
- 19.0383%
- Face Value
- 16,755,434,000
- Tenor
- 364 days
- Issue Date
- 07 May, 2026
- Maturity Date
- 06 May, 2027
- Instrument Type
- VERITASI HOMES & PROPERTIES PLC 25,000,000,000 commercial paper
- Credit Ratings
- BBB- (Long term) A3 (Short term) by GCR Ratings A- (Long term) A1 (Short term) by DataPro Limited
- Issuing and Placing Agent(s) (IPA)
- Pathway Advisors Limited
- Collecting and Paying Agent(s) (CPA)
- Providus Bank Limited
- Issuing, Placing, Paying and Collecting Agent(s) (IPCA)
- N/A
- Status
- Active
No corporate disclosures have been published for this issuance.
- Address
- 8b Olufemi Pedro St, Ikoyi, Lagos 106104, Lagos
- hello@veritasihomes.com
- Web Address
- www.veritasihomes.com
- Company Hotline
- 09030160016
-
Mr. Onakoya Olumide
Chairman
-
Mr. Nola Rilwan Adetola
Managing Director/Chief Executive Officer
-
Mr. Yusuf Olarewaju Oluwatobi
Executive Director
-
Mr. Lawrence -Salu Korede
Executive Director
-
Mr. Famuyiwa Kazeem
Executive Director
-
Dr. Iheanachor Nkemdilim
Independent Non-Executive Director
- Lead Sponsor
- Pathway Advisors Limited
- Joint Sponsors
- —
- Programme Name
- VERITASI HOMES & PROPERTIES PLC N20,000,000,000 Commercial Paper Programme
- Programme Code
- VERHCP20BN
- Programme Description
- VERITASI HOMES & PROPERTIES PLC - Issue of ₦16,755,434,000.00 Series 2 Under its N20,000,000,000 Commercial Paper Programme
- Programme Size
- 200,000,000,000
- Series Code
- VERHS220BN
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