Export company launches N10bn commercial paper

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Neveah Limited, an exporter of agro-commodities and solid minerals company, has announced the redemption of its N2.7bn Series 1 Commercial Paper under a debut N10bn commercial paper.

In a statement, Neveah also disclosed the renewal of its credit rating while explaining the successful redemption of its Series 1 commercial paper proceeds at maturity.

“This redemption evidences Neveah’s commitment to fulfilling its obligations while optimally utilising proceeds for its short term working capital needs.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines