VFD Group PLC Redeems N12.8bn Commercial Paper, Demonstrates Market Commitment
VFD Group PLC, a fast-growing investment firm, announced the redemption of its N12.83 billion Series 5 commercial paper issued under a N20 billion commercial paper program. The redemption was executed before the maturity date of November 14, 2025, demonstrating the group's unwavering commitment to market discipline.
Despite ongoing domestic market volatility, the strategic move to deleverage the balance sheet was successful. The firm's statement highlighted its capacity to generate internal liquidity to meet obligations promptly.
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