In a market the place daring bulletins usually outrun supply, one Nigerian producer is letting its repayments do the speaking. Polysmart Packaging Limited, Nigeria’s largest plastic recycling firm, has totally paid the maturity quantities of its non-interest business paper (NICP) programme throughout sequence 1 to 4, a mixed ₦5,711,405,308.33 in maturity funds, with Marble Advisory Limited appearing as Lead Arranger and Financial Adviser.
The 4 sequence have been issued between April and October 2025 beneath it’s ₦4bn programme. Series 1 (₦1,004,958,000.00) matured in October 2025. Series 2 (₦1,069,745,000.00) adopted in January 2026, and Series 3 (₦1,118,704,500.00) in July 2026. The largest, Series 4 (₦2,517,997,808.33), was settled as nicely forward of its maturity date October 21, 2026.
The NICP funded the working capital behind the corporate’s development, and the timing offers credence to the Polysmart’s story. On October 29, 2026, Polysmart is about to completely fee a $60 million facility in Ogun State: Nigeria’s and Africa’s largest food-grade recycled PET (rPET) recycling plant. It will course of 100,000 tonnes of blended plastics a yr, recycling greater than 5.5 billion PET bottles yearly.
The facility will deploy world-class European expertise, together with EREMA, SOREMA and TOMRA techniques, working processes authorized beneath the food-contact requirements of the US Food and Drug Administration (FDA) and the European Food Safety Authority (EFSA). This will allow the manufacturing of food-grade rPET, HDPE, LLD and PP, decreasing reliance on imported virgin plastic.
“Repaying all four series shows our investors that when Polysmart raises capital, it keeps its word. With the new plant coming onboard, that trust is what will carry us into our next phase of growth.” – Wasiu Bolaji Balogun, Managing Director, Polysmart Packaging Limited
For a capital market that’s all the time asking whether or not funding flows into substance or hype, Polysmart gives a plain reply: a real-economy, asset-backed issuer that pays what it owes whereas it builds. “Polysmart has shown what a well-structured, non-interest CP programme can do for a real-economy company: fund growth and repay investors. We are proud to have advised on this transaction from the start, and to see it delivered with the discipline that gives the non-interest capital market its credibility.” – Akeem Oyewale, Director, Marble Advisory Limited
With 4 sequence cleared and the brand new plant launch, Polysmart enters its subsequent part with a confirmed report, a landmark asset and a capital-market expertise constructed on belief
