FMDQ Securities Exchange Limited has approved the quotation of SKLD Integrated Services Limited’s N860 million Series 1 and N6.44 billion Series 2 Commercial Papers (CPs) under its N10 billion CP Programme.
SKLD Integrated Services Limited (SKLD) is a leading provider of integrated logistics and supply chain solutions across Nigeria, offering services that span fleet management, warehousing, haulage, and distribution.
This CPs approval by the Exchange’s Board Listings and Markets Committee reinforces FMDQ Exchange’s role as a trusted and efficient platform and highlights the growing adoption of market-based financing solutions by corporates operating across key sectors of the Nigerian economy, including logistics and supply chain services.
Through its operations, the Issuer supports the movement of goods and the efficient functioning of supply chains across multiple sectors of the economy. Related News Sunbeth quotes N150.41bn multi-series Commercial Papers on FMDQ Exchange GW Grey pockets N29bn in massive Dangote Cement share offload Nigeria’s rising insecurity, out-of-school crisis threaten child development, experts warn
The net proceeds from these CP issuances, sponsored by Mulberry Advisory Services Limited (Lead Sponsor), AIICO Capital Limited and Apel Asset Limited, all Registration Members (Quotations) of FMDQ Exchange, will be utilised to strengthen SKLD’s working capital position, fund operational expansion, and enhance the Issuer’s capacity to deliver world-class logistics solutions across Nigeria.
