Public offerings, FMDQ commercial papers, & Securities compliance
Accessing public debt and equity markets requires precise execution and legal structuring to align with SEC and Exchange listing parameters. Medina Law Associates & Co. serves as Capital Market Solicitors, guiding corporations, issuing houses, and institutional investors through securities transactions in Nigeria.
We advise on Initial Public Offerings (IPOs), corporate bond issues, Commercial Paper (CP) programs registered with the FMDQ, NGX listings, and capital restructuring schemes. Our team drafts prospectus documents, performs comprehensive legal due diligence, and manages SEC filing approvals.
Public Securities & Listing
We draft legal due diligence files and prospectuses, coordinating with issuing houses and NGX regulators to ensure compliance.
Debt Instruments & FMDQ
We structure Commercial Paper and corporate bond programs, drafting Trust Deeds and securing registrations on FMDQ platforms.
Our Core Capabilities
- Acting as Capital Market Solicitors for public equity and bond offerings.
- Drafting and structuring Trust Deeds, Vending Agreements, and Prospectuses.
- Structuring Commercial Paper programs and securing FMDQ registrations.
- Securities law compliance, disclosure audits, and insider trading preventive checks.
- SEC registration filings and licensing support for market intermediaries.
Frequently Asked Questions
The Securities and Exchange Commission (SEC) is the apex regulator of the Nigerian capital market. It registers all securities proposed to be offered to the public, licenses market intermediaries (like broker-dealers and registrars), and approves corporate restructuring transactions.
A Commercial Paper is an unsecured short-term debt instrument issued by corporations to meet immediate working capital needs. It is legally structured through a Trust Deed or commercial paper program registered with FMDQ Securities Exchange.
Listing on the Nigerian Exchange (NGX) Main Board requires the company to be incorporated as a PLC, have at least 3 years of audited financial statements, satisfy minimum shareholder equity parameters, and float at least 20% of its issued share capital to the public.
A Capital Market Solicitor conducts legal due diligence on the issuing company, drafts the prospectus, prepares the Trust Deed and Vending Agreement, and coordinates SEC and Exchange clearance filings to assure regulatory safety.
