{"id":29406,"date":"2022-03-21T12:59:36","date_gmt":"2022-03-21T12:59:36","guid":{"rendered":"https:\/\/fmdqgroup.com\/exchange\/fmdq-exchange-admits-the-debut-gpc-spv-company-plc-bond-on-its-platform\/"},"modified":"2022-04-19T11:12:51","modified_gmt":"2022-04-19T11:12:51","slug":"fmdq-exchange-admits-the-debut-gpc-spv-company-plc-bond-on-its-platform","status":"publish","type":"post","link":"https:\/\/fmdqgroup.com\/exchange\/fmdq-exchange-admits-the-debut-gpc-spv-company-plc-bond-on-its-platform\/","title":{"rendered":"FMDQ Exchange Admits the Debut GPC-SPV Company PLC Bond on its Platform"},"content":{"rendered":"
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FMDQ Securities Exchange Limited (\u201cFMDQ Exchange\u201d or \u201cthe Exchange\u201d) provides access to capital for corporates and government entities through the efficient and proficient services offered by its Securities Admission Franchise \u2013 Registration, Listing, and Quotation. In line with this mandate, FMDQ Exchange has approved the listing of the Debut GPC-SPV Company PLC \u20a620.00 billion Series 1 Fixed Rate Bond under its \u20a650.00 billion Bond Issuance Programme<\/strong>, on its platform. GPC-SPV Company PLC (\u201cGPC-SPV\u201d) is a special purpose vehicle set up by GPC Energy and Logistics Limited (\u201cGPC\u201d) to raise finance through the Nigerian debt capital market.<\/p>\n

GPC is a fast-growing logistics company that provides premium logistics services to multinationals operating within the Nigerian market space. Speaking on the significance of the issuance to the company, the Managing Director\/Chief Executive Officer, GPC, Mr. Elvis Okonji, stated \u201cthe Bond issuance and listing is in furtherance of company\u2019s strategy to achieve its financial goals and objectives. GPC will continue to pioneer innovation and service excellence within its industry as value enhancers, and we thank the investors, FMDQ Exchange, Planet Capital, InfraCredit, and other parties to the transaction for their support\u201d. Also commenting on the issuance, the sponsor of the Bond and a Registration Member (Listings) of FMDQ Exchange, Planet Capital Limited, represented by its co-Chief Executive Officers, Dr. Tony Anonyai and Mr. Efe Akhigbe, stated \u201cthe listing of the GPC-SPV Bond on FMDQ Exchange is a further boost in the corporate bonds market activities and a veritable platform for price discovery, as well as liquidity for the security, which is good for the investors. Planet Capital is pleased to have led the Parties to the transaction in the successful issuance of the debut GPC-SPV Bond. This transaction consolidates GPC\u2019s efforts as a leading transport logistics provider in the country, and we are delighted to have supported the company in this phase of its growth\u201d.<\/p>\n

As part of its commitment to organize, govern and promote credibility and transparency in the Nigerian debt capital market space, FMDQ Exchange shall continue to drive initiatives that are targeted at improving the liquidity of securities listed and quoted on its platform, thereby supporting the aspirations of institutions, and making the markets within its purview globally competitive; with a view to positioning the Nigerian financial markets towards achieving its full potential of driving growth and development in the nation.<\/p>\n

FMDQ Group PLC (\u201cFMDQ Group\u201d) is Africa\u2019s first vertically integrated financial market infrastructure 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 \u2013 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\u2019s premier Green Exchange \u2013 FMDQ Green Exchange \u2013 positioned to lead the transition towards a sustainable future.<\/p>\n

The post FMDQ Exchange Admits the Debut GPC-SPV Company PLC Bond on its Platform<\/a> first appeared on FMDQ Group<\/a>.<\/p>\n

The post FMDQ Exchange Admits the Debut GPC-SPV Company PLC Bond on its Platform<\/a> appeared first on FMDQ Group<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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FMDQ Securities Exchange Limited (\u201cFMDQ Exchange\u201d or \u201cthe Exchange\u201d) provides access to capital for corporates and government entities through the efficient and proficient services offered by its Securities Admission Franchise \u2026<\/p>\n

FMDQ Exchange Admits the Debut GPC-SPV Company PLC Bond on its Platform<\/span> Read More \u00bb<\/a><\/p>\n

The post FMDQ Exchange Admits the Debut GPC-SPV Company PLC Bond on its Platform<\/a> first appeared on FMDQ Group<\/a>.<\/p>\n

The post FMDQ Exchange Admits the Debut GPC-SPV Company PLC Bond on its Platform<\/a> appeared first on FMDQ Group<\/a>.<\/p>\n<\/div>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"page_builder":"","footnotes":""},"categories":[192],"tags":[],"class_list":["post-29406","post","type-post","status-publish","format-standard","hentry","category-fmdq-in-the-news"],"_links":{"self":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts\/29406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/comments?post=29406"}],"version-history":[{"count":0,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/posts\/29406\/revisions"}],"wp:attachment":[{"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/media?parent=29406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/categories?post=29406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fmdqgroup.com\/exchange\/wp-json\/wp\/v2\/tags?post=29406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}