Ecobank Transnational Incorporated (ETI) has announced the successful pricing of its $400 million 10.125% notes due on 15 October 2029. Interest on these notes will be payable semi-annually in arrears on 15 April and 15 October each year, commencing on 15 April 2025.
The net proceeds from the issuance of the notes will be used for general corporate purposes, including the refinancing of the $350 million Senior Bridge-to-Bond Loan Facility entered into in March 2024.
The Unaudited Financial Statements of Consolidated Hallmark Holdings Plc for the year ended 31 December 2024 revealed significant growth in the Company’s revenue and profit after tax. Gross Earnings of N28.17 billion was achieved for the 12 months period, up by 340.17% from the Gross Earnings of N6.4 billion recorded the previous year. Profit after tax of […]
Fidelity Bank Plc has notified the Nigerian Exchange and the investing public that it has increased its issued share capital from N26.7 billion to N36.7 billion by creation of 20 billion additional Ordinary Shares of 50 kobo each. At the recently concluded Extra-Ordinary General Meeting, the board has been authorised to raise additional capital up to the[…]
