Skymark Partners launches a ₦15 billion commercial paper issuance offering yields up to 24.5% to attract Nigerian investors.
TL;DR
Skymark Partners Limited launched its Series 9–10 Commercial Paper issuance of up to ₦15 billion under its ₦200 billion programme on September 3, 2026.
The offer runs until September 11, 2026, and features tenors of 191 days and 361 days with yields of 21.50% and 24.50% respectively.
Intelligence
The high yields of 21.50% to 24.50% reflect an elevated interest rate environment, forcing corporate issuers to offer premium rates to attract yield-seeking Nigerian investors.
For Skymark, securing this debt capital will provide non-bank liquidity to fund operations across its target growth sectors over the next year.
However, meeting these high interest obligations will test the firm's balance sheet capacity when these short-term instruments mature in 191 to 361 days.
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