{
  "id": 12346076,
  "title": "DLM Capital Group Delivers Second Coupon Payment on AAA-Rated SBCN",
  "url": "https://urgent.news/2026/10/06/dlm-capital-group-delivers-second-coupon-payment-on-aaa-rated-sbcn",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T09:30:12.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/06/dlm-capital-group-delivers-second-coupon-payment-on-aaa-rated-sbcn/"
  },
  "original_language": "en",
  "account": "DLM Capital Group, a world-leading development investment bank, has fulfilled its second principal and interest (coupon) payment on its ₦9 billion Sovereign Bond-Backed Composite Notes (SBCN). The payment of ₦948,493,055.89 to Tranche A and ₦197,077,309.63 to Tranche B was made six months after the successful payment of the first obligation. This demonstrates the Group's consistent delivery since the issuance of the SBCN, which was rated AAA by Global Credit Rating and DataPro Limited in July 2025. The SBCN's performance has allowed the market to assess the strength of its structure. Tranche A is currently the most valuable listed corporate AAA-rated bond on the market due to its inflation-beating returns. DLM Capital Group has also maintained consistent quarterly performance reporting, providing investors with visibility into the instrument's performance. The successful payment reinforces investor confidence in the structure, showcasing the Group's commitment to innovative financial solutions and its position as a leading financial institution contributing to Nigeria's financial ecosystem.",
  "summary": "DLM Capital Group, the First and Leading Development Investment Bank in the World, has successfully fulfilled its second principal & interest (coupon) payment obligation to investors under its ₦9 billion Sovereign Bond-Backed Composite Notes (SBCN) issued under the Group’s ₦30 billion Medium-Term Notes Programme listed on FMDQ Exchange. The second principal and interest (coupon) payment […] The…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}