Ecobank Transnational Incorporated, wey dem dey call ETI, don announce say dem go raise money from international debt capital markets. Di money go helep dem pay back borrowing note wey dey mature for 2031.
Di Pan African financial group say dem go do di capital raise through di issuance of Tier 2 qualifying Nature Notes, according to United States Securities and Exchange Commission Rule 144A and Regulation S. Dis na di same Tier 2 notes wey dey due for June 2031.
Di official statement reveal say ETI go allocate an amount wey equal to di full net proceeds of di Notes’ issue to finance or refinance, in part or in full, new and/or existing eligible assets as described for ETI’s Green Bond Framework, as amended and supplemented from time to time.
ETI get plan to list di Notes on di London Stock Exchange, with di expectation say di Notes go trade on its regulated market. Di group say di issuance of di Notes dey subject to prevailing market conditions and di conclusion of di necessary Transaction documentation.
Ecobank Transnational Incorporated, wey bi di parent company of di Ecobank Group, announce on Thursday, May 7, 2026, say dem dey pursue a new fundraise from international debt capital markets through di issuance of Fixed Rate Reset Tier 2 Nature Notes, with proceeds earmarked to refinance existing debt and fund green-eligible assets across its African operations.
Di issuance go happen under United States Securities and Exchange Commission Rule 144A and Regulation S, instruments wey emerging market borrowers commonly use to access institutional investors for United States and other major markets without full public registration.
ETI notify di Nigerian Exchange Limited, di Ghana Stock Exchange, and di Bourse Régionale des Valeurs Mobilières simultaneously, fulfilling its disclosure obligations across its three listing exchanges. Di Tier 2 notes due for June 2031 go allow di group swap out its older, higher-coupon subordinated debt for a new green-aligned instrument at what ETI dey bet go be more favourable terms.
Beyond di liability management angle, ETI don commit to allocate di full equivalent of di net proceeds to finance or refinance eligible green assets as defined under its Green Bond Framework. Di Nature Notes classification signal a specific focus on nature-related and sustainability-linked investments, an increasingly attractive category among ESG-conscious investors for European and North American markets.
ETI intend to list di Notes on di London Stock Exchange, where dem expect dem to trade on di regulated market. Di group, wey employ approximately 14,000 people and serve more than 30 million customers across 34 African countries, caution say di transaction remain subject to prevailing market conditions and completion of di necessary documentation.
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