FMDQ Securities Exchange Limited (“FMDQ Exchange” or the “Exchange”), a wholly owned subsidiary of FMDQ Group PLC (“FMDQ Group”), is deeply committed to fostering the growth of the Nigerian debt markets. In pursuit of this commitment, the Exchange offers a platform that facilitates seamless registration, listing, quotation, and trading of debt securities in the Nigerian financial markets. It is in this regard that FMDQ Exchange, through its Board Listings and Markets Committee, granted approval for the registration of the Zylus Homes and Property Limited ₦10.00 billion Commercial Paper (CP) Programme on its platform.
Zylus Homes and Property Limited (“Zylus Homes” or the “Issuer”) is a cutting-edge real estate and investment company, dedicated to increasing access to homes and property ownership in Africa. The CP programme, which is sponsored by Pathway Advisors Limited – a Registration Member (Quotations) of the Exchange – empowers the Issuer to efficiently generate short-term financing from the Nigerian debt markets through CP issuances, all within the bounds of the approved CP Programme.
The admission of the Zylus Homes CP Programme on the FMDQ Exchange’s platform validates the Exchange’s conscious drive to support the goals of corporate businesses and to deepen the Nigerian capital markets by steadfastly availing its efficient platform for the registration, listing and quotation of debt securities. As the leading organiser for the Nigerian debt markets and in its role as a catalyst for infrastructure development, FMDQ Exchange will continue to support Issuers, like Zylus Homes, with tailored financing options to enable them achieve their strategic objectives, while also deepening and effectively positioning the Nigerian debt markets for growth, in support of the realisation of a globally competitive and vibrant economy.
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.