DLM Updates
NMRC, DLM N10bn Bond Oversubscribed by 328%
NMRC: The Nigeria Mortgage Refinance Company (NMRC) in collaboration with the DLM Capital Group has successfully raised N10 billion at the rate of 7.20 per cent for the refinance of existing mortgage loans. The N10 billion fixed-income bond, which has seven years tenure, was oversubscribed by 328 per cent. The Managing Director of the NMRC,…
Read MoreNMRC Issues ₦10bn 7.20% Series 3 Bonds under its ₦440bn Medium Term Note Programme, advised by DLM Capital Group
NMRC: As part of its efforts to provide additional liquidity to the country’s mortgage market and give more Nigerians the opportunity to own homes, Nigeria Mortgage Refinance Company Plc (NMRC) has announced the completion of its ₦10 billion 7.20% series 3 fixed rate bonds due in 2027, under its ₦440 Billion Medium Term Note Programme.…
Read MoreNMRC, DLM issues N10 billion bond to boost affordable mortgage
NMRC: As part of its efforts to provide additional liquidity to the country’s mortgage market and give more Nigerians the opportunity to own homes, Nigeria Mortgage Refinance Company Plc (NMRC) has announced the completion of its ₦10billion 7.20% series 3 fixed rate bonds due in 2027, under its ₦440billion Medium Term Note Programme. The bond…
Read MorePrimero raises N16.5b
Primero raises N16.5b: Primero Transport Services Limited has raised N16.5 billion, seven-year bonds, and would be paying semi-yearly coupons at a fixed rate of 17 percent per year. Kindly Click here to read more
Read MoreCERPAC pays its second principal and interest installment
CERPAC Receivables Funding SPV Plc. (CRFS), under its Future Flow Securitisation of Expatriate Receivables has paid its second scheduled Semi-Annual payment for the N4.877billion discrete and the N12.5billion Series 1 Bonds, as well as the first scheduled Semi-Annual payment for the N1.6billion Series 2 Bonds. All payments constitute interest and principal due as of the…
Read MoreDunn Loren Merrifield Advisory Partners Announced As Sole Arranger/Issuing House For ‘FFF’ Securitisation Transaction
Dunn Loren Merrifield Advisory Partners: The formal signing for the First Future Flow ‘FFF’ Securitisation transaction sponsored by Continental Transfert Technique Limited held on Monday 29th January 2018 with Dunn Loren Merrifield Advisory Partners taking the lead as Sole Arranger/Issuing House for the transaction. The event which held at the executive board room of Dunn…
Read More‘Mortgage Will Help Reduce Housing Deficit’ – Chairman, Mortgage Warehouse Funding Limited (MWFL) Sonnie Ayere
Sonnie Ayere is the Founder of Dunn Loren Merrifield, an investment banking company and Chairman of Mortgage Warehouse Funding Limited (MWFL). He speaks on effective initiatives that will address the housing deficit in Nigeria as well as prospects for bringing MWFL into the ecosystem for affordable housing. Ayere in this interview with Punch Newspaper’s Maureen…
Read MoreSonnie Ayere To Deliver Keynote Address On ‘Deepening The Nation’s Capital Market For Economic Growth’ At CAMCAN
Sonnie Ayere: The annual workshop of Capital Market Correspondents Association of Nigeria (CAMCAN) will hold on Saturday 9th December 2017 as part of the association’s efforts to contribute to the development of the market and economy. This year, experts, regulators and other stakeholders will gather to discuss ways the market can be deepened to perform…
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