In a marketplace the place daring bulletins regularly outrun supply, one Nigerian producer is letting its repayments do the speaking. Polysmart Packaging Restricted, Nigeria’s biggest plastic recycling corporate, has totally paid the adulthood quantities of its non-interest business paper (NICP) programme throughout collection 1 to 4, a mixed ₦5,711,405,308.33 in adulthood bills, with Marble Advisory Restricted appearing as Lead Arranger and Monetary Adviser.
The 4 collection had been issued between April and October 2025 below it’s ₦4bn programme. Sequence 1 (₦1,004,958,000.00) matured in October 2025. Sequence 2 (₦1,069,745,000.00) adopted in January 2026, and Sequence 3 (₦1,118,704,500.00) in July 2026. The most important, Sequence 4 (₦2,517,997,808.33), was once settled as effectively forward of its adulthood date October 21, 2026.
The NICP funded the running capital at the back of the corporate’s enlargement, and the timing offers credence to the Polysmart’s tale. On October 29, 2026, Polysmart is about to completely fee a $60 million facility in Ogun State: Nigeria’s and Africa’s biggest food-grade recycled PET (rPET) recycling plant. It is going to procedure 100,000 tonnes of combined plastics a yr, recycling greater than 5.5 billion PET bottles once a year.
The power will deploy world-class Ecu era, together with EREMA, SOREMA and TOMRA techniques, working processes authorized below the food-contact requirements of america Meals and Drug Management (FDA) and the Ecu Meals Protection Authority (EFSA). This may increasingly permit the manufacturing of food-grade rPET, HDPE, LLD and PP, decreasing reliance on imported virgin plastic.
“Repaying all 4 collection displays our traders that after Polysmart raises capital, it assists in keeping its phrase. With the brand new plant coming onboard, that accept as true with is what is going to elevate us into our subsequent segment of enlargement.” – Wasiu Bolaji Balogun, Managing Director, Polysmart Packaging Restricted
For a capital marketplace this is all the time asking whether or not investment flows into substance or hype, Polysmart provides a undeniable resolution: a real-economy, asset-backed issuer that can pay what it owes whilst it builds. “Polysmart has proven what a well-structured, non-interest CP programme can do for a real-economy corporate: fund enlargement and pay off traders. We’re proud to have prompt in this transaction from the beginning, and to peer it delivered with the self-discipline that provides the non-interest capital marketplace its credibility.” – Akeem Oyewale, Director, Marble Advisory Restricted
With 4 collection cleared and the brand new plant release, Polysmart enters its subsequent segment with a confirmed file, a landmark asset and a capital-market enjoy constructed on accept as true with