DLM Capital Group, has announced the maturity and successful redemption of its N572 million Series 5 Commercial Paper Issue. This brings the total redemption to over N4 Billion under its ₦20 Billion Commercial Paper Issuance Programme.
According to the statement sent to The Ameh News (TAN) and
endorsed by the company, the GCEO, Mr. Sonnie Babatunde Ayere, admitted that
the Group is pleased to repay this trust and redeem all its issues at their
maturities; whilst looking to further strengthen the relationship with our
investors as a responsible and dynamic issuer.
Ayere noted that the DLM Group is an investment grade
company comprising of the following businesses: retail banking via our digital
banking channel Sofri, consumer & mid-corporate lending, asset management,
corporate finance advisory, trustees, securities trading, and foreign exchange.
DLM Capital Group is a Development Investment Bank that
provides innovative solutions to economic and social developmental challenges
that impact the everyday lives of people. Since its inception, the institution
has concentrated on creating markets, products, and long-term financing
solutions to key sectors of the Nigerian economy that would benefit end
customers to improve their well-being.
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