Eunisell Limited has announced the successful redemption of its N4 billion Commercial Paper Series II Issuance Programme.
In 2021, Eunisell registered an N10bn Commercial Paper Issuance Programme with FMDQ.
Series I, which saw Eunisell raise N3.5 billion from the capital market, has since been repaid at maturity.
The Series I issuance witnessed a very strong investor rally with an oversubscription of 20 per cent, demonstrating investors’ confidence in the company’s business model and its management team.
