FMN PLC LISTS N29.8BN BOND ON NSE

Written by on January 25, 2021

FLOUR MILLS NIGERIA (FMN) PLC HAS LISTED ITS N29.8 BILLION TRANCHE A AND TRANCHE B BONDS ON THE FLOOR OF THE NIGERIAN STOCK EXCHANGE (NSE).

SPEAKING DURING THE CEREMONY/DIGITAL CLOSING GONG CEREMONY AT THE EXCHANGE RECENTLY, THE DIVISIONAL HEAD, LISTINGS BUSINESS, NSE, OLUMIDE BOLUMOLE, NOTED THAT THE EXCHANGE WAS PLEASED TO COMMEMORATE THE LISTING OF FLOUR MILLS’ N29.8 BILLION TRANCHE A AND TRANCHE B BOND ISSUE, THE FINAL SERIES UNDER ITS N70 BILLION BOND ISSUANCE PROGRAMME.

AT THE NSE, WE REMAIN COMMITTED TO SUPPORTING THE STRATEGIC OBJECTIVES OF OUR ISSUERS, PROVIDING A PLATFORM FOR RAISING CAPITAL EVEN IN THE TOUGHEST OF TIMES,” HE SAID.

SPEAKING FURTHER, OLUSANYA STATED THAT FMN PLC IS EXCITED ABOUT THE ROLE THE EXCHANGE IS PLAYING IN DEEPENING SECONDARY MARKET ACTIVITIES IN THE NIGERIAN MARKET IN LINE WITH INTERNATIONAL BEST PRACTICE.


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