FMDQ Securities Exchange Limited, has approved the registration of the DLM Capital Group Limited ₦20.00 billion CP Programme on its platform.
DLM Capital Group Limited, is a leading Development Investment Bank that provides innovative solutions to economic and social development problems. The Investment Bank comprises of subsidiaries in bespoke corporate finance advisory, trustee, asset management, and securities trading arms, to sovereign/sub-sovereign entities as well as private & non-private corporations.
Speaking on the important of the programme registration, the Group Chief Executive Officer/Managing Director, DLM Capital Group Limited, Mr. Sonnie Ayere, stated that “DLM Capital Group is pleased to announce the quotation of its ₦20.00 billion CP Issuance Programme on FMDQ Exchange. The Funding Programme is an important strategic move towards achieving the DLM Capital Group’s developmental mandate of supporting the sustainable growth of small & medium sized corporates across the country in addition to supporting our growing retail and consumer finance business”.
Also, the sponsor of the CP Programme and a Registration Member (Quotations) of the Exchange, FBNQuest Merchant Bank Limited represented by the Head, Investment Banking, Mr. Patrick Mgbenwelu, said “FBNQuest Merchant Bank Limited is pleased about its role as Lead Arranger on the quotation of DLM Capital Group Limited’s ₦20.00 billion CP Programme and its plans on the subsequent issues under the Programme. FBNQ Merchant Bank’s role reinforces our commitment to support medium and large companies in accessing the capital market for raising short-, medium- and long-term funding for their working capital requirements and capital expansion”.
As part of efforts towards unlocking the potential of the Nigerian economy, FMDQ Exchange, a wholly owned subsidiary of FMDQ Group, shall continue to support institutional growth and stimulate continuous development of the economy at large, through the promotion and provision of a world-class listings and quotations service, in line with its mandate.