FMDQ Securities Exchange Limited (FMDQ) has approved the quotation of Miskay Boutique International Limited’s N280million Series 1 Tranche A, N820 million Series 1 Tranche B, and N1.02 billion Series 1 Tranche C Commercial Paper (CP) under its N5 billion CP Issuance Programme.
This approval by the Exchange’s Board Listings and Markets Committee underscores FMDQ Exchange’s pivotal role as a credible and transparent platform for short-term capital market financing, enabling companies of all sizes to access efficient liquidity solutions.
Miskay Boutique International Limited (Miskay) is a growing retail and fashion enterprise in Nigeria’s consumer goods sector. The company sources, distributes, and retails high-quality fashion merchandise, lifestyle products, and accessories to a broad customer base nationwide.
Proceeds from this CP issuance, sponsored by AIICO Capital Limited (Lead Sponsor), Apel Asset Limited, and Coremars Capital Limited, all Registration Members (Quotation) of FMDQ Exchange, will be deployed to optimise the Issuer’s working capital, bridge operational funding gaps, and strengthen its overall liquidity profile, thereby supporting Miskay’s near-term business objectives and ongoing growth.
