GMH Luxury raises ₦3.70bn via commercial paper, 123% subscription
Godmade Homes Limited (GMH Luxury) successfully issued ₦3.70 billion Series 1 Commercial Paper under its ₦10 billion programme, achieving 123% subscription—23% oversubscribed. Issued in January 2026 with initial target ₦3 billion, the fully subscribed paper supports project completion and expansion. Pathway Advisors Limited served as Financial Adviser, Transaction Sponsor and Lead Arranger. GMH’s A rating from DataPro and reputation for quality construction underpin investor confidence. Proceeds fund ongoing projects and general corporate purposes. GMH Luxury continues delivering modern, sustainable housing across Nigeria.