Sunbeth Global Concepts redeems ₦25.1bn CP, demonstrating strong liquidity, investor confidence
Sunbeth Global Concepts Limited, a leading agro-commodities sourcing and trading company, has announced the successful and timely redemption of its ₦25.1 billion Series 1 Commercial Paper (CP) issued under its ₦200 billion Commercial Paper Programme.The redemption, completed on the notes’ maturity date of 4 September 2026, underscores the Company’s financial discipline, liquidity position and…
Sunbeth Global Concepts Limited has successfully redeemed its ₦25.1 billion Series 1 Commercial Paper (CP) as per its ₦200 billion Commercial Paper Programme, demonstrating strong liquidity and investor confidence. The redemption, completed on the notes’ maturity date of 4 September 2026, underscores the company's financial discipline and commitment to meeting its obligations to investors.
CEO Olasunkanmi Owoyemi and CFO Adeyemi Aduwo highlighted the strength of Sunbeth's business fundamentals and prudent financial management in securing investor trust.
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