Fidelity Bank plc announced the redemption of the $400,000,000.00 Eurobond Notes due October 17, 2022. On October 17, 2017, the bank successfully issued a US$400 million 5-year Eurobond. The transaction also included a Tender Offer (the “Tender Offer” or “Offer”) for the refinancing of the Bank’s US300million Senior Unsecured Notes issued in May 2018. The transaction was the largest combined new issue & liability management offering ever by a Nigerian issuer and was well received by analysts and investors. The transaction which was managed by Citigroup Incorporated, Renaissance Capital and…
Read MoreFIDELITY BANK REDEEMS $400 MILLION EUROBOND NOTES
