DLM Capital Concludes N9bn Sovereign Bond-backed Notes Issuance

DLM Capital has finalized the issuance of N9 billion Series 1 Sovereign Bond-backed Composite Notes, marking the first tranche of a N30 billion medium-term note program. The transaction was facilitated by DLM Advisory, a subsidiary of DLM Capital, acting as financial advisor and structuring joint issuance house.

Notable attendees at the signing ceremony included senior executives from DLM Capital Group. The issuance introduces a unique financial structure blending sovereign credit protection with private sector income generation, aiming to deepen the liquidity channel for institutional funds in the Nigerian capital market.