Tag: Eurobond
Zenith Bank redeems its $500 million Eurobond
WED, 01 JUNE, 2022-theGBJournal| Zenith Bank Plc, Nigeria’s largest and Africa’s twelfth largest bank by Tier 1 capital, has redeemed the balance of $107.4...
fx Watch| Nigeria’s fx reserves falls again by $108.32m w/w to...
SAT 12 FEB, 2022-theGBJournal- Nigeria’s FX reserve sustained its decline as the Central Bank of Nigeria (CBN) maintained its interventions in the FX market....
Rand Merchant Bank acts as global coordinator and active Bookrunner on...
FRI 11 FEB, 2022-theGBJournal- Rand Merchant Bank’s (RMB) (www.RMB.co.za) International Debt Capital Markets (DCM) team assisted Bank of Industry (BOI), Nigeria’s largest, oldest and...
Quick Take| No respite to debt accumulation over the medium term
SUN 19 DEC, 2021-theGBJournal Recent data published by the Debt Management Office (DMO) showed that Nigeria's public debt stock increased by 7.2% q/q or...
Fitch assigns Fidelity Bank’s US$400 million senior unsecured notes ‘B-‘
FRI 12 NOV, 2021-theGBJournal- Fitch Ratings has assigned Fidelity Bank PLC's USD 400 million senior unsecured notes maturing October 2026 a Long-Term Rating of...
Renaissance Capital leads United Bank for Africa’s successful $300mn senior unsecured...
FRI 12 NOV, 2021-theGBJournal- On 10 November 2021, Renaissance Capital, a leading emerging and frontier markets investment bank, successfully completed the placement of a...
UBA Plc raises US$300 million dollar-denominated 5-Year Senior notes under its...
FRI 12 NOV, 2021-theGBJournal- United Bank for Africa Plc (UBA) successfully raised USD 300 million through its recently announced GMTN programme.
The Global Offering...
UBA Plc names five Dealer Managers for its dollar denominated bond...
TUE 09 NOV, 2021-theGBJournal- Pan-African banking institution, United Bank for Africa Plc, has named five big dealer managers to administer its five-year fixed rate...
Analysis: Eurobond issuance and ongoing domestic borrowings may reduce the FGN’s...
MON 11 OCT, 2021-theGBJournal- According to the H1-21 Budget Implementation Report (BIR) released by the Budget Office of the Federation, the FGN's actual retained...
Bonds: Average yield contracted by 7bps to 11.2% with buying activity...
SAT 25 SEPT, 2021-theGBJournal- Bullish sentiments returned to the Treasury Bonds secondary market due to increased demand in anticipation of a lower yield environment...