Zeenab Foods Limited is targeting to raise up to N4.5 billion from its Series 2 Commercial Paper (CP) Notes issuance, which is under its N50 billion Commercial Paper programme.
This will support the company’s short-term capital and funding requirements, enabling the company to buy paddy rice and other agro commodities for export.
This new Programme succeeds the previous N20 billion CP Programme registered in 2024, under which the Issuer successfully raised up to N22 billion across multiple Series and Tranches.
