Stock & Analyst Updates | |
Stock & Analyst Updates | |
4262 VIEWS | |
![]() |
Thursday, May 30, 2019 11:00AM / NSE
Access Bank
Plc (the “Issuer’) hereby notifies the Nigerian Stock Exchange and the public
that it intends to exercise its option to redeem the USD400 million
subordinated unsecured notes at a fixed rate of 9.25%, due 2021.
The USD400
million subordinated bonds, issued in June 2014 by Access Bank Plc, will be
redeemed on June 24, 2019, with accrued interest.
Following
such redemption, the Bonds will be cancelled and there will be no Bonds
outstanding. The Issuer intends to complete any formalities relating to the
delisting of the Bonds from the regulated market of the Irish Stock Exchange as
soon as possible.
Visit Access Bank
Plc IR Page in Proshare MARKETS
Graph 1: Access Bank Plc – One Year Share Price Movement
Table: Unaudited Q1 2019 Results
Related
News