FMDQ Admits United Capital Plc N12.48Bn Series 8 On Its Platform 

FMDQ Exchange admits United Capital, Sterling Bank commercial paper notes  to its platform - Businessday NG

Yemisi Izuora

The FMDQ Securities Exchange Limited, has announced the admission of the quotation of the United Capital PLC ₦12.48 billion Series 8 Commercial Paper (CP) under its ₦50.00 billion CP Issuance Programme on its platform.

 

United Capital Plc, is a leading financial services Group focused on leveraging technology to empower businesses, individuals, and governments with excellent financial services. The proceeds from the quotation of this CP, which is co-sponsored by FSDH Capital Limited, UCML Capital PLC and NOVA Merchant Bank Limited – all Registration Member (Quotations) of FMDQ Exchange, will be used by the Issuer to finance short-term working capital requirements.

 

In line with its strategic objectives to support institutional growth and deliver prosperity to Nigerians, FMDQ Exchange will continue to demonstrate its commitment towards delivering a globally competitive, operationally excellent, liquid and diverse (“GOLD”) standard to the Nigerian DCM through the promotion and provision of a world-class quotation service, availing issuers and investors the much-needed global visibility, confidence and protection in the markets.

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