DLM Capital Group, a leading development investment banking firm, has announced the maturity and successful redemption of its 1.70 billion Series 9 268-Day and 1.10 billion Series 10 180-Day Commercial Paper Issues, which matured on July 17 and July 14, respectively. Since its start, the cumulative redemptions under the $20 billion Commercial Paper Issuance Programme have exceeded $8.95 billion.
"We are pleased to have fully repaid all investors since inception until date without default", Mr. Sonnie Ayere, the GCEO of DLM Capital Group, stated in a statement issued by the company. We thank all the investors for their participation and reiterate our commitment to being a counterparty that can be relied on for the long term.”
He further added that “these redemptions reflect DLM’s capacity to meet its financial obligations as and when due, 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 and mid-corporate lending; asset management; investment banking; trustees; securities trading; and foreign exchange.
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