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

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