By Peace Udugba -The daily torch media
Lagos, Nigeria — FMDQ Securities Exchange Limited has approved the listing of Champion Breweries PLC’s ₦30.00 billion Series 1, 5-Year, 19.50% Senior Unsecured Fixed Rate Bond under its ₦45.00 billion bond issuance programme on its platform.
The approval, granted by the Exchange’s Board Listings and Markets Committee, enables Champion Breweries to access long-term capital efficiently while offering investors the benefits of a transparent and well-regulated marketplace. The development further reinforces FMDQ Exchange’s position as a leading platform for credible and efficient debt capital market financing in Africa.
Champion Breweries, a prominent Nigerian beverage manufacturer, produces a range of alcoholic and non-alcoholic drinks for consumers nationwide. Proceeds from the bond issuance—sponsored by Rand Merchant Bank Nigeria Limited, a Registration Member (Listings) of FMDQ Exchange—will be deployed to enhance operational efficiency, modernise production infrastructure, strengthen the company’s capital base, and support sustainable expansion.
A senior unsecured fixed rate bond is a debt instrument that offers a fixed interest rate over a defined period and holds priority over other unsecured obligations.
Commenting on the development, the Group Chief Operating Officer of FMDQ Group PLC, Tumi Sekoni, said the listing underscores continued growth within Nigeria’s breweries sub-sector.
“We are delighted to welcome the listing of Champion Breweries PLC’s ₦30.00 billion Senior Unsecured Fixed Rate Bond on FMDQ Exchange.
This transaction provides the company with efficient access to long-term institutional capital and reinforces our role as the platform of choice for credible corporate issuers in Nigeria’s debt capital markets. We remain committed to supporting market development and enabling businesses to raise capital that drives sustainable economic growth,” she said.
FMDQ Exchange continues to play a pivotal role in Nigeria’s capital markets by offering a technology-driven platform that promotes transparency, regulatory excellence, and market integrity. The Exchange supports corporate organisations in accessing long-term funding to drive growth and economic development.
FMDQ Group PLC, Africa’s first vertically integrated financial market infrastructure group, provides services including registration, listing, quotation, trading, clearing, settlement, and data solutions across debt, derivatives, and equity markets through its subsidiaries. The Group also operates the FMDQ Green Exchange, a platform dedicated to advancing sustainable finance initiatives across the continent.
