As the leading organiser for the Nigerian debt capital
market (DCM) and in its role as a catalyst for infrastructure development, FMDQ
Securities Exchange Limited (“FMDQ Exchange” or “the Exchange”) provides a
choice platform for the registrations, listings, quotations, and trading of
debt securities, towards empowering the Nigerian financial market. In this
regard, the Exchange is pleased to announce the approval of the quotation of
the Mixta Real Estate PLC ₦1.66 billion Series 33 Commercial Paper (CP) under
its ₦20.00 billion CP Issuance Programme.
The quotation of the Mixta Real Estate PLC ₦1.66 billion
Series 33 CP on FMDQ Exchange is another testament of FMDQ’s leadership and
resilience in providing the required support to governments, corporates and
individuals through the delivery of innovative and dependable capital market
solutions. The CP market has continued to prove a viable alternative for
corporate entities in diverse business areas looking to secure short-term
funding for working capital requirements and other capital expenditures. It
avails them with numerous opportunities to carry on with key business
activities which contribute to the revitalisation of the Nigerian economy
despite the pandemic.
The Mixta CP, like all other securities listed, quoted and
traded on the FMDQ Exchange platform, shall be availed global visibility
through FMDQ Exchange’s website and systems, transparency through its inclusion
in the FMDQ daily Quotations List, governance and continuous information
disclosure to protect investor interest, credible price formation amongst other
benefits derived from its preferred admission to the FMDQ Exchange platform.
FMDQ Group is Africa’s first vertically integrated financial
market infrastructure (FMI) group which provides a one-stop platform for the
seamless and cost-efficient execution, risk management, clearing, settlement,
depository and data and information services for the Nigerian financial market,
through its subsidiaries – FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository
Limited and FMDQ Private Markets Limited.
Mixta Real Estate PLC (“Mixta”), a subsidiary of Mixta
Africa, is a leading real estate development company in Nigeria. It has a
strong track record and diverse real estate portfolio, with operations spanning
the residential, commercial, and retail sectors of the Nigerian real estate
industry. Mixta has successfully delivered close to 4,400 real estate assets,
comprising homes, plots and retail outlets to end-buyers and continues to seek
innovative solutions to activate development finance for affordable housing in
Nigeria.
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