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The Federal Government on Thursday raised $1.250 billion seven-year Eurobond in the International Capital Market (ICM).

Nigeria has raised a $1.25 billion seven-year eurobond in the International Capital Market (ICM) to finance capital projects in the budget.

Vanguard News Ecobank Nigeria lists $300m bond on London Stock Exchange On Ecobank Nigeria has listed its $300 senior unsecured bond on the London Stock Exchange (LSE).  The bank on Thursday opened the market at the LSE via a virtual ceremony to mark the listing of the bond.   The bank in a statement announcing the development said: “The bond carries a coupon rate of 7.125%, significantly below its Initial Price Thoughts of 7.75%.  The successful launch was three times oversubscribed and is the lowest coupon/yield by a Nigerian financial institution for a benchmark bond transaction sinc...

London Stock Exchange welcomes Ecobank Nigeria celebrating its bond issuance On Ecobank Ecobank Nigeria has today opened the market at London Stock Exchange via a virtual ceremony to mark the listing of its five-year fixed rate senior unsecured US$300 million bonds. Ecobank Nigeria, a subsidiary of Ecobank Transnational Incorporated, the parent company of the Ecobank Group, provides the full suite of banking products, services and solutions through multiple channels to retail, commercial, corporate and public sector customers. The bond carries a coupon rate of 7.125%, significantly below its...

‘Femi Asu Ecobank Nigeria, a wholly-owned subsidiary of Ecobank Transnational Incorporated, has said its $300m bond will be listed on the London S...