FMDQ Exchange has welcomed the registration of the UAC of Nigeria PLC ₦45 billion Commercial Paper (CP) Programme on its platform.
The timely registration of this CP Programme follows due approval from the Exchange’s Board Listings and Markets Committee, and attests to the highly efficient time-to-market and uniquely tailored listing and quotation service offered by the Exchange.
UAC is a leading diversified Company, operating in the Food and Beverage, Real Estate, Paint and Logistics sectors of the economy.
This CP registration, which is sponsored by Stanbic IBTC Capital Limited – a Registration Member (Quotations) of the Exchange, strategically positions UAC to raise short-term finance easily and quickly from the Nigerian debt capital market (DCM).
By the registration of its CP Programme and quotation of subsequent CPs on its platform, FMDQ Exchange said UAC will enjoy exceptional benefits.
These will include an unrivalled and efficient platform for access to capital, value transfer and risk management, enhanced investor confidence, effective price formation and global visibility.
FMDQ Group is reputed as Africa’s first vertically integrated financial market infrastructure (FMI) group, strategically positioned to provide registration, listing, quotation and other financial services.
It also operates Africa’s premier Green Exchange – FMDQ Green Exchange – positioned to lead the transition towards a sustainable future.
This CP registration strategically positions UAC to raise short-term finance easily and quickly from the Nigerian debt capital market (DCM).
