PETROSOL Offers Investors Up to 17% Coupon in New GHS200 Million Note Listing
PETROSOL Platinum Energy PLC has listed two new corporate notes on the Ghana Fixed Income Market, giving fixed-income investors another option beyond treasury bills and government bonds.
The company listed Series 1 Tranches 01 and 02 under its broader GHS200 million Note Programme on the Ghana Stock Exchange.
Together, the two tranches have an allotted amount of GHS100 million, with GHS50 million allotted to each tranche.
But the two notes are not identical. They come with different maturities, coupon rates and principal repayment structures.
Tranche 01: 16.25% Coupon Over Four Years
Tranche 01, trading under the ticker PPELT01, is a 4-Year Senior Unsecured Fixed Rate Note.
It was issued on August 19, 2026 and will mature on August 14, 2030.
The note carries a 16.25% coupon rate, with interest paid bi-annually. The first coupon payment is scheduled for February 17, 2027, with payments continuing every 182 days until maturity.
PETROSOL allotted GHS50 million to Tranche 01.
The principal will also be repaid gradually rather than all at once.
Investors will receive:
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30% of the principal on August 15, 2029
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The remaining 70% on August 14, 2030
The note will be redeemed at par.
Tranche 02: 17% Coupon Over Five Years
The second security, Tranche 02, trades under the ticker PPELT02 and is structured as a 5-Year Senior Unsecured Fixed Rate Note.
It was also issued on August 19, 2026, but has a longer maturity date of August 13, 2031.
Because investors are committing their money for a longer period, Tranche 02 carries a slightly higher 17.00% coupon rate.
Interest will also be paid bi-annually, beginning on February 17, 2027, and continuing every 182 days until maturity.
The allotted amount for Tranche 02 is also GHS50 million.
Its principal repayment is spread across three instalments:
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20% on August 15, 2029
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20% on August 14, 2030
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60% on August 13, 2031
So, What Is PETROSOL Actually Offering Investors?
Think of the two notes as two different fixed-income choices from the same company.
An investor who prefers a shorter investment period can consider Tranche 01, which runs for four years and pays 16.25%.
An investor willing to stay invested for another year gets a higher coupon of 17.00% under Tranche 02.
Both securities pay interest twice a year and both return portions of investors' principal before their final maturity dates.
| Tranche 01 | Tranche 02 | |
|---|---|---|
| Allotted Amount | GHS50 million | GHS50 million |
| Tenor | 4 Years | 5 Years |
| Coupon | 16.25% | 17.00% |
| Interest Payments | Bi-annually | Bi-annually |
| Issue Date | Aug. 19, 2026 | Aug. 19, 2026 |
| Maturity | Aug. 14, 2030 | Aug. 13, 2031 |
| Ticker | PPELT01 | PPELT02 |
What Investors Should Keep in Mind
Both securities are described as Senior Unsecured Fixed Rate Notes.
The word unsecured is important. It means the notes are not backed by specific assets pledged as collateral. Investors are therefore relying on PETROSOL's ability to generate enough cash and meet its interest and principal repayment obligations over the life of the notes.
That makes the coupon rate only one part of the decision. Investors should also consider the company's financial position, creditworthiness, liquidity and the risks associated with holding corporate debt.
For Ghana's fixed-income market, however, the listing adds another corporate investment option at a time when many investors are looking beyond traditional government securities.
In total, PETROSOL has allotted GHS100 million across the two Series 1 tranches: GHS50 million at 16.25% for four years and GHS50 million at 17.00% for five years.