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Sunbeth Global Concepts targets N150 billion via commercial paper for cocoa procurement and processing facility support.
Amount Raised
₦150 Billion
Round Type
Venture
NigeriaAgriculture and FarmingFarmingInvestors
Description
Sunbeth Global Concepts Limited announced plans to raise up to N150 billion from the domestic debt capital market through its Commercial Paper Issuance Programme. The proceeds will finance cocoa procurement for the 2026/27 season and support working capital requirements for the company's international trading operations. The issuance will comprise three series with tenors of 180, 270, and 364 days, with Chapel Hill Denham Advisory Limited serving as Lead Arranger. The company holds national-scale credit ratings ranging from BBB to BBB+ for long-term obligations and A2 for short-term ratings.
Fundz sees it the moment Sunbeth Global Concepts Limited raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Sunbeth Global Concepts Limited raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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