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    MarketForces Africa » MarketForces News » Alpha Mead Registers N5bn Commercial Paper Programme on FMDQ

    Alpha Mead Registers N5bn Commercial Paper Programme on FMDQ

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 4, 2024 News No Comments2 Mins Read
    Alpha Mead Registers N5bn Commercial Paper Programme on FMDQ
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    Alpha Mead Registers N5bn Commercial Paper Programme on FMDQ

    Alpha Mead Facilities & Management Services Limited has registered N5 billion commercial paper programme on FMDQ platform, according to an official statement.

    According to the notice, the registration of this the company commercial paper programme, sponsored by Pathway Advisors Limited, allows Alpha Mead Facilities to efficiently raise short-term finance from the Nigerian debt markets through CP issues within the approved limit.

    To ensure sustained business operations in today’s challenging economic environment, corporates are exploring alternative financing options by accessing the Nigerian debt markets to cover capital deficits.

    FMDQ Securities Exchange Limited, known for its commitment to providing a reliable and credible platform for the registration, listing, quotation, trading and reporting of financial securities announce the registration of Alpha Mead Facilities & Management Services Limited ₦5.00 billion Commercial Paper today.

    The platform said Alpha Mead Facilities & Management Services Limited is one of Africa’s leading facilities management companies, offering integrated facilities management operations and consultancy services to large, complex and multi-serviced facilities across Africa.

    Nigerian CP market, consistently offers issuers new opportunities to expand their businesses and sustain investors’ confidence, thereby aiding the overall growth of the Nigerian economy.

    The Exchange said it remains committed to providing a liquid, transparent, and efficient market to support corporate aspirations, enabling access to the necessary capital to bridge funding gaps in their respective sectors. #Alpha Mead Registers N5bn Commercial Paper Programme on FMDQ

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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