FSDH Funding Lists N12bn Bonds On FMDQ Platform

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FSDH Funding SPV Plc is a special purpose vehicle set up to raise capital from the Nigerian debt capital market for FSDH ..

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., has approved the listing of FSDH Funding SPV Plc N7.05 billion tranche A and N4.95 billion tranche B series 1 fixed rate bonds on its platform.

Director, FSDH Funding SPV Plc, Mr Adekunle Awojobi, said this in a statement in Lagos. Awojobi said the bonds were under the company’s N30 billion debt issuance programme. He noted that the bonds were approved by the FMDQ Exchange board Listings and Markets Committee. Awojobi said the net proceeds of the bond issue would be used to fund the growth of risk assets of the sponsor, FSDH Merchant Bank Ltd.

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