By Babajide Komolafe
DLM Capital Group has introduced the opening of guide constructing for the Sequence 1 Sovereign Bond-Backed Composite Notes (SBCNs), issued beneath its ¦ 30 Billion Medium-Time period Notice Programme, designed to handle crucial financial wants and deepen Nigeria’s capital markets.
Elaborating on the provide, the corporate stated: “This Revolutionary providing introduces the world’s first public issuance of Sovereign Bond-Backed Composite Notes—a landmark construction providing traders AAA-rated credit score high quality and full sovereign credit score threat safety, backed by Federal Authorities of Nigeria (FGN) bond cashflows.
“The Sequence 1 SBCNs present a compelling hold-to-maturity (HTM) yield of as much as 47.07% every year, considerably outperforming commonplace authorities or different bonds. The providing is open from July 1 to July 14, 2025. The notes, issued by DLM Funding SPV PLC and sponsored by DLM Capital Group, have a 10-year tenor, maturing in 2035, with a mean lifetime of 5.5 years. They’re rated AAA by each World Credit score Ranking (GCR) and DataPro Rankings.”
Talking on the unveiling ceremony held at DLM Capital Group Headquarters on 18th June 2025, Dr. Babatunde Sonnie Ayere, Group CEO of DLM Capital Group, said “This bond was created to handle the rising demand for modern, safe, and high-yield funding alternatives within the Nigerian capital markets”.
“Structured beneath a bankruptcy-remote Particular Function Automobile (SPV), the SBCNs defend traders by absolutely isolating reimbursement obligations from the monetary dangers of the sponsor. Proceeds from this issuance shall be invested in Federal Authorities of Nigeria (FGN) bonds and used to finance client and SME loans, contributing to inclusive financial development”, the corporate stated.
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