As Nigeria’s foremost provider of bespoke and comprehensive financial solutions for its clientele, Greenwich Merchant Bank Limited (GMB) is honoured to have played the lead role in the successful registration of Providus Bank Limited’s (Providus) N100bn Commercial Paper (CP) Programme with the FMDQ Securities Exchange.
With the registration of the CP program, Providus is strategically positioned to raise short-term capital from Qualified Institutional Investors in the Nigerian Capital Markets. In GMB’s capacity as the Lead Arranger of the CP Programme; it facilitated, structured, and guided the CP issuance process to ensure the successful consummation of the transaction along with other parties.
Following the registration, GMB will subsequently serve as the Lead Dealer, Issuing & Placement agent for the issuances under the CP Programme. GMB will continue to provide end-to-end financial solutions to several entities by determining the optimal deal structure and securing the capital necessary in achieving their financial and strategic goals.
