FMDQ Securities Exchange Limited following the due diligence of its Board Listings and Markets Committee, has approved the registration of the Mixta Real Estate PLC ₦25.00 billion Commercial Papers (CPs) Issuance Programme on its platform.
The successful registration of this CP programme is testament to the opportunities which the Nigerian debt capital market (DCM) avails to corporate entities in diverse business areas.
This comes on the heels of the recent quotation of the MeCure Industries Limited ₦0.49 billion Series 1, and ₦1.44 billion Series 2 (CPs) on its platform,
Mixta Real Estate, a subsidiary of Mixta Africa, is a leading real estate development company in Nigeria, with a strong track record and diverse real estate portfolio, and operations spanning the residential, commercial, and retail sectors of the Nigerian real estate industry.
The registration of the CPs, which is sponsored by FBNQuest Merchant Bank Limited, a Registration Member (Quotations) of the Exchange, strategically positions Mixta to raise short-term finance from the Nigerian DCM easily and quickly at a time in the future it determines suitable.
As part of its mandate to organise and govern markets within its purview, and promote credibility and transparency in the Nigerian DCM space, FMDQ Exchange promises to continue to provide an innovative and efficient platform to support corporate entities.
This also includes making the Nigerian financial markets globally competitive, operationally excellent, Liquid and Diverse, in line with FMDQ Group’s ‘GOLD’ Agenda, with a view to achieving its full potential of driving growth and development in the nation.
FMDQ Group is Africa’s first vertically integrated financial market infrastructure group, strategically positioned to provide registration, listing, quotation and integrated services.
The registration of the CPs strategically positions Mixta to raise short-term finance from the Nigerian DCM easily and quickly at a time in the future it determines suitable.