Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Home > Top Stories > Dunn Loren Merrifield Advisory Partners announced as Sole Arranger/Issuing House for the First Future Flow Securitisation Transaction.

Dunn Loren Merrifield Advisory Partners announced as Sole Arranger/Issuing House for the First Future Flow Securitisation Transaction.

Published by Gbaf News

Posted on January 24, 2019

3 min read

Last updated: January 21, 2026

Signing ceremony for the First Future Flow Securitisation transaction - Global Banking & Finance Review — Image captures the formal signing of the First Future Flow Securitisation transaction by Dunn Loren Merrifield Advisory Partners, highlighting their role as Sole Arranger and Issuing House.

The formal signing for the First Future Flow 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 Loren Merrifield Group, had in attendance representatives of the executing parties that included DLM Advisory Partners – Sole Arranger/Issuing House, Perchstone & Graeys -Solicitors to the transaction, Banwo & Ighodalo -Solicitors to the Trustees, DLM Trust Company – Bond Trustee, Dr. Benoy Berry – Chairman, Continental Transfert Technique Limited, Mr. Sonnie Ayere – Chairman, Dunn Loren Merrifield Group, Mr. Roheen Berry – Managing Director, Continental Transfert Technique Limited, Mr. Tor Langoy – Chairman, BD Globe Capital and Adewole Adebayo – Company Secretary/Legal Adviser, Continental Transfert Technique Limited.

African Prudential Plc are named as Registrars to the transaction while Data Pro, Global Credit Rating Co. Ltd and Agusto & Co. were mentioned as rating agencies in the prospectus among others.

The Chairman, Contec Global Group, Dr. Benoy Berry during the signing event said “I am very pleased at the outcome of this transaction. It took slightly longer than I had anticipated but I am very happy with the outcome and what DLM has been able to accomplish for the Contec Global Group. We hope that this is our first of many foyers into the Nigerian Capital Markets and probably also into the other African Capital markets as our operations span different countries across the continent”.

In addition, Mr. Sonnie Ayere, Chairman/Founder, Dunn Loren Merrifield Group (“DLM”) said “This is the first domestic future flow securitisation to be successfully executed in Nigeria and probably on the African continent. We were successfully able to get the Issue to be four credit notches above that of the originator – Continental Transfert Technique Limited, a member of the Contec Global Group”.

It would be recalled that Continental Transfert Technique Limited, the technical partner to the Nigeria Immigration Service, had in September 2017 remitted to the Federal Government of Nigeria N1.2 bn generated in one year from the sale of the Combined Expatriate Residence Permit and Aliens Card (CERPAC) to foreigners living and working in the country.

CERPAC otherwise known as green card, is mandatory for all expatriates in the country and is renewable every year. Continental Transfer Technique Limited is in charge of the scheme on behalf of the Nigerian government.

(L-R) Mr Roheen Berry, Managing Director, Continental Transfert Technique Ltd, Dr. Benoy Berry, Chairman/Founder, Contec Global Group and Mr. Sonnie Ayere, Chairman/ Founder, Dunn Loren Merrifield Group at the formal signing for the First Future Flow Securitisation transaction held in Lagos.