Investors Bite

Fidelity Bank Says to Raise $500m Eurobond; to Buy Back $300m Debt

28/9/2017/NSE Fidelity Bank Plc (“the bank”) is pleased to notify The Nigerian Stock Exchange and the investing public of its intention to launch up to U.S.$ 500,000,000 senior unsecured medium term debit notes ‘(the “Notes”) as well as  a  tender  offer to purchase  the Bank’s outstanding U.S $ 300,00,000 6.875%  […]

ETI Says $400m Convertible Bond to be Listed on International Securities Market of the London Stock Exchange

28/9/2017/NSE On April 18, 2017, Ecobank Transnational Incorporated announced its proposed Convertible Bond issue of up to US$400 million. Further to the announcement and the shareholders’ approval at the Extra-Ordinary General Meeting held on June 16 2017, ETI wishes to provide the following update; Transaction Advisers have been appointed to […]

Nigerian Equities Market: Benchmark Index Closes Marginally Up +0.03%

September 29, 2017/InvestmentOne Research The equities market inched up just +0.03% today, however the market is down -0.14% WTD. Market breadth index ended neutral as 18 stocks gained and 18 stocks declined. CILEASING (+7.24%) was the best performer compared with AGLEVENT (-4.84%) the worst performer. UBA (+2.13%) was the most […]