Accra-based Federated Commodities PLC (FEDCO) has confirmed full redemption of its 150-day commercial paper, transferring a total of GHS78,361,144.94 to paying agent GCB Bank Plc.
The issuer settled the debt across four tranches between July 3 and August 12, 2025, covering principal and accrued interest.
Final payments totaling GHS16,455,842 were processed on August 12, concluding all obligations except a weekend-adjusted maturity. With the official August 17 maturity falling on a Saturday, FEDCO will disburse remaining funds on Friday, August 15—a standard banking practice ensuring timely settlement.
The phased redemption saw GHS16.46 million cleared on July 3, followed by two GHS22.72 million payments mid-month, and another GHS16.46 million in early August. FEDCO emphasized compliance with financial conventions and thanked stakeholders for their ongoing trust.
