Business

FMDQ exchange lists Eunisell’s N3.31bn CP issuance

Published by

FMDQ Exchange Limited has approved the quotation of the ₦1.41 billion Series III and ₦1.90 billion Series IV Commercial Papers of Eunisell Limited under its ₦10 billion Issuance Programme on its Platform.

Eunisell Limited is a leading chemical and speciality fluid management company, supplying key products and offering production solutions to a wide range of customers operating in Africa in the oil and gas, manufacturing, and automotive industries.

The proceeds of the Eunisell Limited CP, according to a statement by the management, will be used to support general corporate purposes and short-term funding requirements.

Reacting to the successful CP Issuance, the firm’s Managing Director, Mr. Chika Ikenga said that Eunisell will continue to drive growth and profitability riding on the positive headwinds around the business and industries they serve.

Eunisell Limited, in March 2023, announced the successful redemption of its N4 billion CP series II issuance programme.

Similar issuance for N3.5 billion series I in 2021 was successfully redeemed promptly at maturity.

Eunisell provides speciality chemical solutions across a wide range of industrial users, food and beverage, can manufacturing, oil and gas, beauty and personal care, and hygiene, among others.

 

Also Read:

FMDQ supports infrastructure development, registers Julius Berger’s N30bn CP Programme

Recent Posts

Tinubu celebrates Olubadan at 90

The President said that at 90, His Majesty embodies a rare blend of age-old wisdom,…

12 seconds ago

NIN services back online, says NIMC

The NIMC urged Nigerians seeking to enroll for NIN to visit the its official website…

5 minutes ago

Natasha’s recall: Obey Court verdict, CSO urges Senate

Executive Director of Centre for Transparency Advocacy (CTA), Faith Nwadishi, has urged the Senate to…

18 minutes ago

Edo govt confirms outbreak of dengue fever, records 86 cases

He urged all healthcare workers across the state to be on high alert and to…

19 minutes ago

Anambra guber: INEC to begin CVR July 8

the second phase of the exercise that commences after the bye-election on August 16 and…

27 minutes ago

We’ll win by-election in Adamawa — PDP chairman

"The people have continuously trusted our leadership because of the party’s development track record.”

38 minutes ago

Welcome

Install

This website uses cookies.