• Saturday, April 27, 2024
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FMDQ Exchange admits Chapel Hill Denham Series 9 Nigeria Infrastructure Debt Fund on its Platform

FMDQ Exchange says February secondary market turnover hits N40.31trn

FMDQ Securities Exchange Limited has approved the listing on its platform the Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF) Series 9 offer. At a nominal value of N100 each, the units of NIDF Series 9 offer were issued at N108.89 per unit under its N200billion issuance programme.

FMDQ Securities Exchange Limited (FMDQ Exchange) is a wholly owned subsidiary of FMDQ Group Plc (FMDQ Group), is Nigeria’s premier securities exchange, committed to providing a world-class platform for the trading of financial instruments.

With a focus on transparency, efficiency, and innovation, FMDQ Exchange plays a pivotal role in advancing Nigeria’s financial markets and contributing to the nation’s economic growth.

Chapel Hill Denham Management Limited (the Company) is a leading independent investment banking, securities trading, and investment management firm. The Company is focused on providing unbiased advisory, execution, and investment services to corporations, governments, institutions, and individuals involved in investing in and developing Nigeria and Africa.

The Chapel Hill Denham NIDF, which is sponsored by Chapel Hill Denham Advisory Limited – a Registration Member (Listings) of the Exchange – provides investors with stable income through debt investments in Nigerian infrastructure projects and helps them build a diversified portfolio in projects with essential economic and social services, long-term predictable cash flows, and a durable asset base with long useful life.

With a commitment to its mandate of deepening the Nigerian financial markets, FMDQ Exchange will continue to support the efficient allocation of capital by providing a credible platform for capital formation and effective intermediation, fostering economic growth and development.

FMDQ Group is Africa’s first vertically integrated financial market infrastructure (FMI) group, strategically positioned to provide registration, listing, quotation and noting services; integrated trading, clearing & 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 – FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited. As a sustainability-focused FMI group, FMDQ Group, through FMDQ Exchange, operates Africa’s premier Green Exchange – FMDQ Green Exchange – positioned to lead the transition towards a sustainable future.