Uni-Fuels (UFG) Holdings announced that its wholly-owned subsidiary, Uni-Fuels, has completed the Company’s first-ever commercial paper issuance, raising $3M through ADDX, a private market platform regulated by the Monetary Authority of Singapore. The offering was oversubscribed, reflecting strong demand from accredited investors. The commercial paper was structured as USD-denominated, short-term unsecured debt and issued via ADDX’s digital investment platform. The transaction enables Uni-Fuels to diversify its funding sources and enhance capital efficiency across its operational entities. Proceeds will be used for general working capital and to support Uni-Fuels Singapore’s expanding operations across global trading hubs.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UFG: