Sunbeth Quotes N150.41bn Multi-series CPs on FMDQ Exchange

Kayode Tokede 

FMDQ Securities Exchange Limited has approved the quotation of Sunbeth Global Concepts Limited’s N150.41 billion Series 1 – 3 Commercial Papers (CPs) under its N200.00 billion CP Programme, representing an aggregate issuance of N150.41 billion. 

As one of the notable multi-series CP issuances in the Nigerian capital markets, the quotation underscores the increasing adoption of market-based financing solutions by corporates and reflects FMDQ Exchange’s continued role in enabling efficient capital formation and market development.

Commenting on the CP quotation, Group Chief Operating Officer, FMDQ Group, Ms. Tumi Sekoni in a statement stated: “The quotation of Sunbeth Global Concepts Limited’s CPs is a powerful demonstration of the depth and maturity of Nigeria’s capital markets. 

“At FMDQ Exchange, we remain steadfast in our commitment to providing a transparent, efficient, and well-regulated platform that empowers dynamic corporates to access the financing they need to grow and contribute to economic development. 

“Sunbeth’s multi-series issuance reflects growing investor confidence in well-structured Nigerian corporate credits, and we are proud to serve as the listing platform of choice for this transaction.”