Skymark Partners Redeems N2.7bn Series 4 & 5 CPs under N5bn Programme – THISDAYLIVE

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Skymark Partners Redeems N2.7bn Series 4 & 5 CPs under N5bn Programme Skymark Partners Limited, a private investment company focused on investing and creating wealth in critical growth sectors of the Nigerian economy, ha

Skymark Partners Limited, a private investment company focused on investing and creating wealth in critical growth sectors of the Nigerian economy, has announced the maturity and successful redemption of its Series 4 & 5 Commercial Papers under its NGN5bn Commercial Paper Programme.

Commenting on the successful redemptions, Chairman of Skymark Partners Limited, Mr. Egie Akpata, FCCA, said, “We are pleased to have fully repaid all the investors in the Series 4 & 5 CP issuances. We thank all the institutional investors for their participation and reiterate our commitment to be a counterparty that can be counted on for the long term.”

Skymark’s current credit rating from DataPro affirmed a long term rating of A and short-term rating of A1. The financial performance of Skymark Partners for FY2022 shows strong growth of all key financial metrics.

 

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