{"id":56838,"date":"2022-03-16T22:06:37","date_gmt":"2022-03-16T21:06:37","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=56838"},"modified":"2022-03-16T22:06:43","modified_gmt":"2022-03-16T21:06:43","slug":"united-capital-plc-quotes-series-8-commercial-paper-on-fmdq-exchange","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/united-capital-plc-quotes-series-8-commercial-paper-on-fmdq-exchange\/","title":{"rendered":"United Capital Plc Quotes Series 8 Commercial Paper On FMDQ Exchange"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Following the admission of twenty-one (21) Commercial Papers valued at over \u20a6128.25 billion thus far in 2022, FMDQ Securities Exchange Limited (\u201cFMDQ Exchange\u201d or the \u201cExchange\u201d) is pleased to announce the admission of the quotation of the United Capital PLC \u20a612.48 billion Series 8 Commercial Paper, CP, under its \u20a650.00 billion CP Issuance Programme on its platform.<\/p>\n<p>United Capital PLC (\u201cUnited Capital\u201d or \u201cthe Issuer\u201d) is a leading financial services Group focused on leveraging technology to empower businesses, individuals, and governments with excellent financial services. The proceeds from the quotation of this CP, which is co-sponsored by FSDH Capital Limited, UCML Capital PLC and NOVA Merchant Bank Limited \u2013 all Registration Member (Quotations) of FMDQ Exchange, will be used by the Issuer to finance short-term working capital requirements.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p>In line with its strategic objectives to support institutional growth and deliver prosperity to Nigerians, FMDQ Exchange will continue to demonstrate its commitment towards delivering a globally competitive, operationally excellent, liquid and diverse (\u201cGOLD\u201d) standard to the Nigerian DCM through the promotion and provision of a world-class quotation service, availing issuers and investors the much-needed global visibility, confidence and protection in the markets.<\/p>\n<p>FMDQ Group is Africa\u2019s first vertically integrated financial market infrastructure (FMI) group, strategically positioned to provide registration, listing, quotation and noting services; integrated trading, clearing &amp; central counterparty, settlement, and risk management for financial market transactions; depository of securities, as well as data and information services, across the debt capital, foreign exchange, derivatives and equity markets, through its wholly owned subsidiaries \u2013 FMDQ Exchange (Nigeria\u2019s largest Exchange by Market Turnover \u2013 with an annual average of c. \u20a6166 trillion over the last eight (8) years), FMDQ Clear Limited (Nigeria\u2019s only operating Central Counterparty \u2013 with c. $60 billion derivatives contracts cleared), FMDQ Depository Limited (Nigeria\u2019s integrated Securities Depository) and FMDQ Private Markets Limited (Nigeria\u2019s Private Capital Marketplace Organiser). As a sustainability-focused FMI group, FMDQ Group, through FMDQ Exchange, operates Africa\u2019s premier Green Exchange \u2013 FMDQ Green Exchange \u2013 positioned to lead the transition towards a sustainable future.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Following the admission of twenty-one (21) Commercial Papers valued at over \u20a6128.25 billion thus far in 2022, FMDQ Securities Exchange Limited (\u201cFMDQ Exchange\u201d or the \u201cExchange\u201d) is pleased to announce the admission of the quotation of the United Capital PLC \u20a612.48 billion Series 8 Commercial Paper, CP, under its \u20a650.00 billion CP Issuance Programme on its platform.<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":6,"featured_media":18016,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[],"coauthors":[2391],"class_list":["post-56838","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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