Firm Raises N7.30bn Via Commercial Papers To Strengthen Logistics Sector

FMDQ Securities Exchange Limited has approved the quotation of SKLD Integrated Services Limited’s N7.30 billion Commercial Papers (CPs) on its platform.
The CPs comprise N0.86 billion Series 1 and N6.44 billion Series 2 under its N10.00 billion CP Programme. This approval by the Exchange’s Board Listings and Markets Committee reinforces FMDQ Exchange’s role as a trusted and efficient platform and highlights the growing adoption of market-based financing solutions by corporates operating across key sectors of the Nigerian economy, including logistics and supply chain services.
FMDQ Exchange stated that the net proceeds from these CP issuances, sponsored by Mulberry Advisory Services Li...