Champion Breweries Completes N15bn Redemption Successfully

Champion Breweries Plc announced the successful redemption of its Series 1 and Series 2 commercial paper issuances, amounting to N15.00 billion. The Series 1 issuance of N4.22 billion is set to mature in December 2025, while the Series 2 issuance of N10.78 billion matured on Wednesday, April 1, 2026.

This redemption demonstrates the company's strong liquidity position and its track record of meeting investor commitments. The oversubscribed inaugural issuance of N15.00 billion in July 2025 attracted diverse participation from institutional investors, signaling strong confidence in Champion Breweries' financial position and strategic growth outlook.

Mr. Imo Abasi Jacob, Chairman of Champion Breweries Plc, commented that the successful completion reflects the company's disciplined approach to financial management and long-term strategy. The redemption of these commercial paper issuances reinforces the company's reputation as a reliable issuer and positions it to leverage future funding opportunities.