Sunbeth Global Concepts Limited, an agro-commodities sourcing and trading company, has announced the successful redemption of its ₦25.1 billion Series 1 Commercial Paper (CP) issued under its ₦200 billion Commercial Paper Programme.
The redemption was completed on the notes’ maturity date of September 4, 2026, demonstrating the company’s commitment to meeting its financial obligations to investors.
Sunbeth, one of Nigeria’s leading cocoa exporters and a significant contributor to the country’s non-oil export sector, secured regulatory approval in March 2026 to establish the ₦200 billion Commercial Paper Programme to support the expansion of its agricultural export operations.
Under the programme, the company completed its Series 1, Series 2 and Series 3 issuances in March 2026, attracting total subscriptions of ₦165.73 billion against an initial target of ₦100 billion.
Sunbeth accepted ₦150.4 billion across the three series, reflecting strong investor demand for the programme.
