FMDQ Securities Change has admitted Infinity Micro Finance Financial institution N5 billion Business Paper (CP) programme on its platform.
The profitable registration of this CP Programme is one more notable stride in FMDQ Change’s drive to develop a vibrant and environment friendly debt market regardless of financial and market uncertainties. The Nigerian CP market continues to supply issuers renewed alternative to develop their companies and restore the much-needed confidence of buyers, while contributing to the general development of the Nigerian financial system.
Inifinity Microfinance Financial institution Restricted is a monetary institution that focuses on small and medium-sized enterprise enterprises and offers providers such because the mobilisation of small financial savings and the supply of small enterprise loans. This CP Programme which is sponsored by FSDH Capital restricted – a Registration Member (Quotations) of the Change – will avail the Issuer the chance to lift short-term finance from the Nigerian CP market.
Managing Director, Infinity Microfinance Financial institution Restricted, Mr. Oludotun Adewunmi, mentioned “Infinity Microfinance Financial institution Restricted is happy to announce the citation of its N5.00 billion Business Paper Issuance Programme on FMDQ Securities Change Restricted. The CP Programme is a vital strategic transfer for the Financial institution in the direction of attaining its mandate of supporting the expansion of low-income households in addition to micro, small & medium-sized enterprises throughout Lagos State”.
Commenting on the profitable registration of the Programme, Managing Director, FSDH Capital Restricted (“FSDH Capital”) Mr. Tolu Osinibi, mentioned, “FSDH Capital is happy to have suggested Infinity Microfinance Financial institution Restricted on this landmark registration of its N5.00 billion Business Paper Issuance Programme. That is the primary CP Programme to be registered by a microfinance financial institution on FMDQ Securities Change Restricted and for sure units the tempo for different duly licensed and controlled microlending establishments looking for to lift capital by way of the issuance of business papers.