FMDQ Exchange has announced the listing of BUA Cement Plc’s N115 billion Series 1 fixed rate bond on its platform, as part of a N200 billion bond issuance programme.
This is according to a disclosure by FMDQ which reads: ‘’ FMDQ Exchange is pleased to welcome the listing of the largest corporate bond in the Nigerian debt capital markets, the BUA Cement PLC ₦115.00 billion Series 1 Fixed Rate Bond under its ₦200.00 billion Bond Issuance Programme, on its platform.’’
Recall that FMDQ Exchange had recently admitted a host of corporate bonds and commercial papers on its platform. Nairametrics had earlier reported the listing of Flour Mills, NMRC bonds worth N39.9 billion and the admittance of FG’s Sukuk bond worth N162.6 billion.
By the virtue of the listing of its bond on FMDQ platform, BUA Cement alongside other securities will be availed global visibility, transparency, governance and continuous information disclosure, amongst other value-added services.
For more information about the recent disclosure, click HERE