DLM Capital further redeems N572million Series 5 Commercial Paper

Sonnie Babatunde Ayere, the Group Managing Director/CEO of DLM Capital

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 N20 Billion Commercial Paper Issuance Programme.

Related News

In a statement by the company, Sonnie Babatunde Ayere, group chief executive officer (GCEO) 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.

The Group is an investment-grade company comprising 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.

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp