DLM Capital Group, a leading development investment bank, has successfully made its second principal and interest coupon payment to investors under its ₦9 billion Sovereign Bond-Backed Composite Notes (SBCN). The payment, which totaled ₦948,493,055.89 to Tranche A and ₦197,077,309.63 to Tranche B, was made six months after the first payment. This demonstrates the Group's consistent delivery since the issuance of the SBCN.
The SBCN, developed by Sonnie Babatunde Ayere, Group CEO of DLM Capital Group, was issued under the Group's ₦30 billion Medium-Term Notes Programme listed on FMDQ Exchange. The pioneering financial instrument, rated AAA by Global Credit Rating and DataPro Limited, entered the market in July 2025. Its performance has provided an opportunity for the market to assess the strength of the structure through actual delivery.
Tranche A of the SBCN remains the most valuable listed corporate AAA-rated bond on the market due to its unique inflation-beating upward sloping returns. The successful second coupon payment is another milestone for the DLM SBCNs, continuing the Group's commitment to developing and delivering innovative financial solutions backed by execution, transparency, and value for investors and stakeholders.
Beyond its payment obligations, DLM Capital Group has maintained consistent quarterly performance reporting, providing investors and market stakeholders with continued visibility into the instrument's performance. This combination of regular reporting, strong credit ratings, and timely fulfillment of payment obligations reinforces investor confidence in the structure.
The SBCN's AAA rating by Global Credit Rating and DataPro Limited reflects the instrument's strong creditworthiness. The rating is a testament to DLM Capital Group's commitment to transparency and sound financial management. The Group's ability to fulfill its payment obligations has also contributed to its reputation as a leading financial institution in Nigeria.
DLM Capital Group's consistent delivery on its financial obligations has strengthened its position as a leading financial institution contributing to the development of Nigeria's financial ecosystem. The Group's innovative financial solutions have provided investors with unique opportunities for growth, while its commitment to transparency and execution has reinforced investor confidence.
The successful second coupon payment on the SBCN is a significant milestone for DLM Capital Group, demonstrating its ability to develop and deliver innovative financial solutions that meet the needs of investors and stakeholders. The Group's continued commitment to transparency, execution, and value for investors and stakeholders is expected to drive its growth and success in the Nigerian financial market.
Key points
- DLM Capital Group fulfills second coupon payment on ₦9 billion Sovereign Bond-Backed Composite Notes.
- The SBCN, rated AAA by Global Credit Rating and DataPro Limited, was issued under the Group's ₦30 billion Medium-Term Notes Programme.
- The successful payment demonstrates the Group's consistent delivery since the issuance of the SBCN, reinforcing investor confidence in the structure.
