Sujimoto Launches N5bn Commercial Paper At 25.06% To Fund Real Estate Expansion

Luxury real estate developer, Sujimoto Holdings Limited, has opened its naira series 1 Commercial Paper for subscription, seeking to raise up to N5 billion at a discount rate of 25.06 percent, according to Cowry Asset Management Limited.

The offer is part of Sujimoto’s N20 billion Commercial Paper Programme. With a tenor of 270 days, the paper offers an implied yield of 30.86 percent, highlighting the company’s attractive proposition for fixed-income investors amid current market conditions.

Rated BBB+ by DataPro, Sujimoto is recognised for its robust asset base, strong profitability, and a stable management team. The rating reflects the company’s rapid growth trajectory and its position as a premium developer of off-plan residential estates, luxury bespoke homes, and commercial hospitality projects across Nigeria.

“Sujimoto remains committed to using top-tier materials, ensuring timely delivery, and offering superior value to clients,” said Cowry Asset. “The company’s plan to revolutionize the concrete supply market through Sujimoto Ready-Mix further underscores its innovation-driven approach to construction.”

Founded with a vision to redefine Nigeria’s urban luxury experience, Sujimoto is positioning this raise to support ongoing projects and fuel further expansion into the real estate and construction sectors.