January 18, 2019/NSE

Our attention has been drawn to certain reports relating to Access Bank Plc planning to sell N150bn green bonds by 2021. 

The bank hereby notifies the NSE that it has submitted respective applications to both the Central Bank of Nigeria and the Securities and Exchange Commission in respects of a proposed Green Bonds Issuance of up to N15bn. 

The bank has not yet received any regulatory approval neither have any decisions been taken regarding the launch of the bonds. The bank will upon receipts of the approvals evaluate the market conditions and then decide whether to proceed with the transaction. 

Further details will be communicated to the market upon the relevant approvals being received from the regulators.