Dry Associates is the most active Arranger and Placement Agent of commercial paper, an unsecured promissory note issued by major corporations to fund working capital requirements, within the East African region.
We offer a range of commercial paper, with highly competitive yields, for investment with tenors up to one year. To date, Dry Associates has offered commercial paper for over 21 companies operating in diverse sectors such as mining, automobile, retail, security, microfinance, hotels and banking. Examples of well-known companies that Dry Associates is currently offering commercial paper for are Car & General, ASL Credit limited and ASL Limited (part of the Ramco Group), KK Security.
For a full listing of companies, please contact us at Dry Associates. Please note that most CP is issued privately and as such is restricted to institutions and Qualified Investors. DAL clients are invited to enter the Client portal on this website to view the amounts and interest rates currently on offer.
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