Miskay Boutique International Limited (Miskay) has redeemed in full its ₦824.2 million Series 1 Tranche B Commercial Paper at maturity.
The repayment represents Miskay’s second successful Commercial Paper redemption in 2026, following the redemption of its Series 1 Tranche A issuance in May. Both instruments were issued under the Company’s ₦5.00 billion Commercial Paper Programme.
The successful repayment comes as Miskay enters a new phase of growth following the November 2025 capital raise, which enabled the Company to rebuild inventory capacity, strengthen its operating infrastructure and reposition the business for renewed growth and margin expansion.
The capital was deployed towards inventory replenishment, warehousing and distribution capabilities, operational infrastructure, brand repositioning and other strategic growth initiatives, helping to restore inventory availability and strengthen the platform required to support higher sales volumes.
The impact of these initiatives is increasingly evident across the Company’s financial and operating performance, with trading momentum strengthening materially since the November 2025 capital raise.
Customer engagement has improved significantly, with store footfall increasing by over 200% and weekly digital impressions exceeding 5 million, reflecting stronger brand visibility, renewed customer interest and deeper engagement across Miskay’s channels.
Miskay has also resumed its physical expansion strategy with the successful launch of its Benin store, its first new location in over four years, demonstrating renewed confidence in the underlying business and its capacity to support further growth.
Customer demand has been further validated through a series of successful commercial and brand initiatives, including the Hilda Baci collaboration, May…
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