JUST IN: Ecobank settles $500m Eurobond after five-year tenure

Ecobank Transnational Incorporated has repaid its $500 million five-year Eurobond, which was due today, April 18th. The bank stated this in a corporate filing with the Nigerian Exchange Limited, as obtained by PUNCH Online on Thursday. The Group Chief Financial Officer, ETI, Ayo Adepoju, said the bond represented ETI’s first Eurobond issuance in April 2019,