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Find all the economic and financial information on our Orishas Direct application to download on Play StoreEcoBank Nigeria Limited repaid 50% of its Eurobond before the due date in February 2026. In a statement released on Saturday, the bank said the repayment demonstrated strong liquidity and financial resilience
.The lender also confirmed the success of its ongoing tender and exit consent solicitation concerning its 7.125% senior bonds in the amount of $300 million due in 2026. As of July 11, 2025, the bond was trading near par at $99.00, reflecting strong investor confidence in the bank's ability to repay at maturity
.EcoBank has demonstrated strong liquidity and financial resilience by repaying 50% of its Eurobond before the due date scheduled for February 2026.
The repayment was confirmed in a statement, which read: “Ecobank Nigeria Limited has confirmed the success of its ongoing tender and exit consent solicitation for its 7.125% senior bonds in the amount of $300 million due in 2026 (the “Bonds”).
Early repayment was made necessary by the improvement of its liquidity situation, supported by cash inflows related to loan repayments and the early repayment of its promissory notes with its parent company. The bank has put in place solid liquidity plans to ensure the full repayment of the remaining 50% of the Eurobond at maturity. In addition, the bank took the opportunity to require the consent of bondholders in order to remove the capital adequacy ratio from its Eurobond commitment
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15/07/2025 - Secteurs
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