Champion Breweries Demonstrates Financial Strength with Full Redemption of N15 Billion Commercial Paper

Champion Breweries Plc has marked a significant milestone in its financial history with the successful redemption of its Series 1 and 2 commercial paper issuance, totaling N15.00 billion. This achievement is a testament to the company's robust financial position and its commitment to meeting investor obligations. The redemption of the commercial paper, which was issued in July 2025, reflects Champion Breweries' strong liquidity and its ability to navigate the complexities of the debt capital market.

The Series 1 and 2 issuances, which were oversubscribed, attracted a diverse range of institutional investors, demonstrating the confidence that the investment community has in Champion Breweries' financial management and strategic direction. The company's ability to repay the commercial paper in full and on time is a clear indication of its financial discipline and prudence. This achievement is also a reflection of the company's long-term strategy, which is focused on delivering sustainable value to all stakeholders.

Commenting on the milestone, the Chairman of Champion Breweries Plc, Mr. Imo-Abasi Jacob, emphasized the company's disciplined approach to financial management and its commitment to executing its growth strategy. He noted that the successful redemption of the commercial paper reflects the strength of the company's governance and the resilience of its business. Mr. Jacob also highlighted the company's focus on responsible innovation and its consumer-led approach, which are key drivers of its growth strategy.

The successful redemption of the commercial paper is also a testament to Champion Breweries' ability to engage with the debt capital market with credibility. This achievement reinforces the company's reputation as a reliable issuer and positions it well to leverage future funding opportunities. As the company looks to the future, it remains focused on executing its growth strategy, which is driven by a consumer-led approach and a commitment to responsible innovation.

Champion Breweries' achievement is also a reflection of the company's history and tradition of financial discipline. Founded in 1974, the company has a long history of delivering value to its stakeholders and has established itself as a leading player in the Nigerian brewing industry. With a strong brand portfolio and a commitment to innovation, Champion Breweries is well-positioned to continue delivering growth and value to its stakeholders in the years to come.

The redemption of the commercial paper is also a positive development for the Nigerian capital market, which has been experiencing a period of uncertainty in recent times. The successful issuance and redemption of the commercial paper demonstrate the potential of the Nigerian capital market to support the growth of large and small businesses alike. As the Nigerian economy continues to evolve, the ability of companies like Champion Breweries to access the capital market and secure funding will be critical to driving growth and development.

In conclusion, the successful redemption of Champion Breweries' Series 1 and 2 commercial paper issuance is a significant achievement that reflects the company's financial strength and its commitment to meeting investor obligations. The company's ability to navigate the complexities of the debt capital market and its focus on delivering sustainable value to all stakeholders position it well for future growth and success.