Champion Breweries Plc has launched its first ₦30 billion 5-year Fixed Rate Senior Unsecured Bond at 19.50%.
Historic First In Breweries Sector
This bond forms part of a larger ₦45 billion Bond Issuance Programme.
Importantly, it marks the first bond ever issued by a company in Nigeria’s breweries sector.
Strong Investor Confidence
Moreover, the issuance attracted strong interest from a wide range of institutional investors.
These investors included pension funds, asset managers, banks, trustees, and high-net-worth individuals.
Consequently, the strong demand reflects confidence in Champion Breweries’ governance, resilience, and growth strategy.
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Champion Breweries will use the bond proceeds to fund operational efficiency initiatives and modernise its production infrastructure.
Rand Merchant Bank acted as Lead Issuing House and Bookrunner, guiding the company throughout structuring, advisory, and investor engagement.
According to Chairman Imo-Abasi Jacob, the bond demonstrates both the company’s governance strength and investor trust.
Additionally, CEO Dr Inalegwu Adoga explained that the funds will support sustainable growth and reinforce market leadership.
Driving Growth And Innovation
The bond also sets a landmark precedent for future issuances in Nigeria’s breweries sector.
RMB highlighted the transaction as evidence of Nigeria’s increasingly sophisticated debt capital market.
By raising this capital, Champion Breweries strengthens its capital base and positions itself for long-term growth.
Furthermore, the funds will drive operational transformation, improve efficiency, and enhance competitiveness in the beverage market.
Investors’ participation shows strong confidence in the company’s strategic direction under EnjoyCorp.
Ultimately, Champion Breweries plans to leverage this capital to drive innovation and deliver long-term stakeholder value.
