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.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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