Firm Expands Access To Short-term Capital With N6.89bn Commercial Paper Listing

FMDQ Securities Exchange Limited has officially approved the listing of Sycamore Integrated Solutions Limited's N6.89 billion commercial paper on its trading platform. The issuance consists of two tranches: N1.82 billion for Series 1 Tranche A and N5.07 billion for Series 1 Tranche B, which are part of a larger N20.00 billion commercial paper programme. This decision by the Exchange's Board Listings and Markets Committee is aimed at enhancing access to short-term capital for the firm, thereby facilitating its financial operations and growth initiatives.

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