With ambitions of being the AWS of the CryptoCommerce Sector, CMDX sets its sights on healthcare instead of books February 18, 2021/CDMX Though the cryptocommerce sector is growing exponentially, e-commerce giants like Amazon and eBay have shown reluctance to adopt crypto as a payment form. With this in mind, some […]
Money Market
S and P Global Assigns Ecobank Nigeria’s $300m Senior Unsecured Loan Notes ‘B-‘ Rating
February 17, 2021 by S&P global Ratings Ecobank Nigeria Ltd. issued $300 million senior unsecured loan participation notes, at a coupon of 7.125% per year, via its financial vehicle EBN Finance Company B.V. In our view, the notes satisfy the conditions to equalize the rating with that of the issuer. […]
Fitch Assigns Ecobank Nigeria Limited’s USD300 million Senior Unsecured Notes ‘B-‘ Final Rating
February 17, 2021/Fitch Ratings Global credit Rating agency, Fitch Ratings, has assigned EBN Finance Company BV’s USD300 million 7.125% senior participation notes due 2026 a final rating of ‘B-‘ with a Recovery Rating of ‘RR4’. EBN Finance Company BV is a Netherlands-based special purpose vehicle of Ecobank Nigeria Limited (ENG; […]
