SG Holdings Limited has launched its Series 3 and Series 4 commercial papers, aiming to raise up to ₦75 billion under its ₦100 billion Commercial Paper Programme.
SG Holdings Strategic Funding Move
This strategic move strengthens the company’s funding and broadens its investment base.
Attractive Investment Offer
Thanks to strong investment-grade ratings of A1 from Agusto & Co and A1+ from GCR, SG Holdings has attracted confidence from institutional investors.
Consequently, pension fund administrators, insurance companies, asset managers, banks, finance houses, cooperative societies, and high-net-worth individuals can participate in the offer.
Further, the Series 3 paper spans 271 days and will issue at a discount rate of 17.7920%, delivering a 20.5% yield.
Meanwhile, Series 4 has a 364-day tenor and offers a discount rate of 18.7088%, yielding 23%.
Planet Capital Limited, serving as lead issuing and placing agent, confirmed that the offer opened on March 4, 2026 and will close on March 10.
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Investors will receive their allotment on March 11, 2026.
Strong Growth And Expansion
Headquartered in Lagos, SG Holdings operates across West Africa, with branches in Abuja, Port Harcourt, Accra, and Abidjan.
Furthermore, the company leads in marine logistics, oil and gas infrastructure, aviation fuel, retail fuel services, LPG distribution, and intra-African energy trade.
Over the years, SG Holdings has delivered impressive growth.
Shareholders’ funds climbed from ₦70 billion in 2021 to ₦272 billion in 2024.
Similarly, total assets increased from ₦109.3 billion to ₦495 billion by 2025, while turnover jumped from ₦151 billion to ₦588.6 billion, driven by marine logistics and energy trading.
Ultimately, with its strong fundamentals and regional footprint, SG Holdings now leverages emerging opportunities, using the commercial papers to fuel the next phase of growth.
