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Vanguard News FMDQ admits Coronation Merchant Bank’s CPs On By Nkiruka Nnorom FMDQ Securities Exchange Limited has approved the quotation of the N36.44 billion Commercial Papers (CPs) floated by Coronation Merchant Bank Limited on its platform. The CPs comprised of N0.71 billion series 13 and N14.13 billion series 14 Commercial Papers (CPs) in March 2021, and the N1.41 billion Series 15 and N20.19 billion Series 16 CPs in May 2021, both under its N100 billion CP programme, on its platform. The net proceeds from the CPs, according to the bank, would support its short term funding requirements. The Exchange also approved the listing of the FSDH Funding SPV Plc N12 billion bonds, comprising of N7.05 billion tranche A and N4.95 billion tranche B series 1 fixed rate bonds under its N30 billion debt issuance programme on its platform. FSDH Funding SPV Plc is a special purpose vehicle set up to raise capital from the Nigerian debt capital market for FSDH Merchant Bank Limited.

Adekunle awojobiNkiruka nnoromEgie akpataMerchant bankSecurities exchangeCoronation merchant bankUnion capital marketsKindly share this storyExchange limitedCommercial papersCoronation merchant bank limitedBanjo adegbohungbeUnion capital markets limitedShare this storyவணிகர் வங்கிபத்திரங்கள் பரிமாற்றம்