Oil & Gas Plant News

oil & gas

Uni-Fuels Completes First Oversubscribed Usd 3M Commercial Paper Issuance On Addx

ByArticle Source LogoGulf Oil and GasJuly 22, 20252 min read
Gulf Oil and Gas

Uni-Fuels Holdings Limited (NASDAQ: UFG), (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, announced that its wholly-owned subsidiary, Uni-Fuels Pte Ltd (“Uni-Fuels Singapore”), has successfully completed the Company’s first-ever commercial paper (“CP”) issuance, raising USD 3 million 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.

“This oversubscribed debut issuance is a strong signal of investor confidence in our business strategy and growth outlook,” said Koh Kuan Hua, Chief Executive Officer of Uni-Fuels. “We’re pleased to partner with ADDX as we modernize our capital structure and engage new investor channels. Our investors’ strong support allows us to pursue strategic growth initiatives and positions us to deliver stronger shareholder returns over time.”

“The enthusiastic response from investors underscores Uni-Fuels’ credibility and clear strategic direction,” said Inmoo Hwang, Group Managing Director of ADDX. “We are pleased to support companies that take a disciplined approach to growth and capital access. We look forward to deepening our partnership as Uni-Fuels continues to broaden its reach to accredited investors through alternative capital markets.”

This issuance marks a strategic milestone in Uni-Fuels’ capital markets roadmap as it continues to leverage innovative infrastructure to support liquidity, working capital, and operational flexibility.

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

0
Recent Comments

Oil and Gas Related News You might want to check out

View by
Saudi Telecom Company (Stc) Awarded $800.2 Million Telecommunications Infrastructure Project In Syria
Saudi Telecom Company (Stc) Awarded $800.2 Million Telecommunications Infrastructure Project In Syria
Saudi Gulf Projects
09 February 2026
oil-gas
Fertiglobe, Covestro And Ta’Ziz Sign Mou To Explore Strategic Ammonia Collaboration
Fertiglobe, Covestro And Ta’Ziz Sign Mou To Explore Strategic Ammonia Collaboration
Saudi Gulf Projects
08 February 2026
oil-gas
Indian Coast Guard Busts International Oil Smuggling Racket In The Arabian Sea
Indian Coast Guard Busts International Oil Smuggling Racket In The Arabian Sea
Gulf Oil and Gas
08 February 2026
oil-gas
Romanian Oil Pipeline Operator Conpet Discloses Cyberattack
Romanian Oil Pipeline Operator Conpet Discloses Cyberattack
Oilfield Technology
07 February 2026
oil-gas
Ashoka Buildcon–Bec Arabia Jv Secures $191.2 Million Diriyah Ii Hotel Construction Contract
Ashoka Buildcon–Bec Arabia Jv Secures $191.2 Million Diriyah Ii Hotel Construction Contract
Saudi Gulf Projects
07 February 2026
oil-gas
Streamtec Supports Worley For The Aquaductus Hydrogen Pipeline In The German North Sea
Streamtec Supports Worley For The Aquaductus Hydrogen Pipeline In The German North Sea
Pipeline Technology Journal
07 February 2026
oil-gas