Accra: Uni-Fuels, a global provider of marine fuel solutions headquartered in Singapore, has announced that its wholly-owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), successfully completed the company’s first-ever commercial paper issuance. The issuance raised USD 3 million through ADDX, a private market platform regulated by the Monetary Authority of Singapore, and was oversubscribed, indicating strong demand from accredited investors.
According to Nam News Network, the commercial paper was structured as USD-denominated, short-term unsecured debt and was issued through ADDX’s digital investment platform. This transaction marks a strategic move for Uni-Fuels, enabling the company to diversify its funding sources and improve capital efficiency across its operational entities. The proceeds from this issuance are intended for general working capital and to support the expansion of Uni-Fuels Singapore’s operations across global trading hubs.