United Capital PLC Quotes Series 5, 6 & 7 Commercial Papers On FMDQ Exchange

Investogist | United Capital Plc receives FMDQ approval to increase size of Commercial  Paper programme

Yemisi Izuora

The Board Listings and Markets Committee of FMDQ Exchange has approved the quotation of the United Capital Plc, N1.56 billion Series 5, ₦13.99 billion Series 6 and ₦4.17 billion Series 7 CPs under its ₦50.00 billion CP Issuance Programme on the Exchange.

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 these CPs, which are co-sponsored by FSDH Capital Limited and UCML Capital Plc, Registration Member (Quotations) of FMDQ Exchange, will enable the company to provide a wider range of wholesale financing solutions to its clients as well as complement its funding base and support the growth of the overall business.

 

In keeping with its commitment to develop the DCM, FMDQ Exchange shall sustain its efforts in supporting issuers with tailored financing options to enable them achieve their strategic objectives, deepen and effectively position the Nigerian DCM for growth.

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