December 2, 2022

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C&I Leasing registers N50bn industrial papers on FMDQ trade


FMDQ Securities Trade has accepted registration of C &I Leasing Plc N50 billion Industrial Paper programme on its platform.

C & I Leasing PLC (the “Issuer”) is a diversified, leasing and enterprise service conglomerate offering assist companies to numerous indigenous and multinational organisations in West Africa.

The corporate offers the companies  alongside three traces: Fleet Administration, Personnel Outsourcing, and Marine Service. The corporate additionally offers transportation logistics options within the type of automotive and marine vessel rental, fleet administration and car distribution via its wholly owned subsidiaries: C & I Marine, C & I Fleet Administration, C & I Outsourcing, and CITRACKS. The profitable registration of this CP Programme, which is sponsored by Cordros Capital Restricted (the Lead Sponsor), and Kairos Capital Restricted, each Registration Member (Quotations) of the Trade, tactically positions the Issuer to lift short-term finance from the Nigerian debt markets at strategically viable instances in the course of the CP Programme validity, via CP issuances, inside the CP Programme restrict.

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