24/09/2026
Pathway Advisors Limited ( our sister company) is proud to have acted as Transaction Sponsor, Financial Adviser, Lead Issuing House and Arranger to Zeenab Foods Limited on its landmark oversubscribed ₦45 billion Hybrid Commercial Paper Offer, comprising ₦25 billion Conventional Commercial Paper and ₦20 billion Non-Interest Commercial Paper.
The transaction attracted ₦54.4 billion in subscriptions, representing an overall subscription level of approximately 121%. The strong demand across both tranches underscores investor confidence in Zeenab Foods and the growing appetite for innovative and inclusive capital-market solutions.
We are delighted to see this transaction gain recognition across leading media platforms, further highlighting its significance within Nigeria’s capital markets.
At Pathway Advisors Limited, this achievement reaffirms our commitment to structuring innovative financial solutions that provide businesses with access to capital and support sustainable growth.
We sincerely appreciate our transaction partners, investors and all stakeholders whose confidence and collaboration contributed to the successful completion of this landmark transaction.
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