Speaking on the redemption of the CP, Executive Vice Chairman/Group Chief Executive Officer of the firm, Toyin Sanni, stated, “The successful redemption of the N1.13bn Series 1 commercial paper reflects our company’s commitment to ensuring transparency and trustworthiness in maintaining investor confidence in the Nigerian debt capital market.”
She expressed her gratitude to all investors for their trust and confidence in the company, and promised to continue to deliver substantial value to its stakeholders. The commercial paper issuance was to enable the company to diversify its financing mix and fund its short-term working capital requirements.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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