FMDQ admits real estate commercial paper | Dailytrust

FMDQ admits real estate commercial paper

FMDQ Securities Exchange Limited
FMDQ Securities Exchange Limited

Leading organiser for the Nigerian Debt Capital Market (DCM), FMDQ Securities Exchange Limited has approved the quotation of the Mixta Real Estate PLC N1.02 billion Series 36 Commercial Paper under its N20bn Commercial Paper Issuance Programme.

In a statement, it said the Nigerian commercial paper (CP) market continues to demonstrate resilience and consistency in providing succour to corporates across diverse sectors by offering a viable platform for these institutions to raise finance to fund their capital requirements.

The real estate firm is a subsidiary of Mixta Africa, with a diverse real estate portfolio, and operations spanning the residential, commercial, and retail sectors of the Nigerian real estate industry.

FMDQ Group is Africa’s first vertically integrated financial market infrastructure group positioned to provide registration, listing and quotation services among others.

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