Ecobank Plans Dollar Bond

Kindly share this post

Ecobank has mandated international lenders to arrange investor meetings in Britain and the United States, after which it plans to issue a five-year dollar-denominated bond, the African bank said.

Ecobank, which has operation in 36 African countries, has hired Deutsche Bank, Standard Bank and Standard Chartered to arrange meetings from June 18, it said.

Proceeds from the offering will be used for debt refinancing among other things, Ecobank said.


Kindly share this post

Leave a Reply

Your email address will not be published. Required fields are marked *