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DLM Capital Group Disburses N1.15bn to Investors

DLM Capital Group Disburses N1.15bn to Investors

DLM Capital Group has completed its second principal and interest payment totaling N1.15 billion to investors under its N9 billion Sovereign Bond-Backed Composite Notes (SBCN), which are part of its N30 billion Medium-Term Notes Programme listed on FMDQ Exchange. The payments included N948,493,055.89 to Tranche A holders and N197,077,309.63 to Tranche B holders, occurring six months after the first coupon payment on the N7.30 billion Series 1 (Tranche A) and N1.70 billion Series 3 (Tranche B) Plain Vanilla Returns SBCN.

The SBCN, developed by group CEO Sonnie Babatunde Ayere, was rated AAA by Global Credit Rating and DataPro Limited and entered the market in July 2025. DLM Capital Group emphasized its commitment to transparency and timely fulfillment of obligations, aiming to strengthen investor confidence and its position as a leading financial institution in Nigeria's capital market.

Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.

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