Fidelity Bank Plc (Nigeria) redeems $400 Million Eurobonds issued on 17 October 2017

By Published On: October 19th, 2022Categories: Corporate announcement

This is to inform NGX Regulation Limited (NGX RegCo), our esteemed shareholders and the investing public that Fidelity Bank Ple (“the Bank”) has redeemed its US$400million Reg S/144a Senior Unsecured 5-year Notes due 17th October 2022 (‘the Notes”).

The Notes were successfully issued on 17th October 2017 through a combination of new issue and tender offer for the refinancing of the Bank’s US$300million Senior Unsecured Notes issued in May 2018.

The notes were redeemed on October 17, 2022. Noteholders received a total of $421 million covering the principal amount and the accrued 6 months coupon in line with the executed Trust Deeds.

For further enquiries, please contact:
Email: [email protected]
+234 1 4480 853; 2700 531; 2700 532

Thank you.
For: Fidelity Bank Plc.

Ezinwa Unuigboje
Company Secretary


The contents of the post above were obtained from third parties, which We, AfricanFinancials, believe to be reliable. However, We do not guarantee their accuracy and the above information may be in condensed form. The reader is encouraged to refer to the original source of the information, which, in most cases, is in PDF format and on the originating company's letterhead. While We endeavour to replicate the original content accurately, We cannot guarantee the absence of errors in the above article and We disclaim any liability regarding reliance on information provided in this article.