E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers Z > Headlines for Zenith Bank plc > News item
Published on 5/12/2017 in the Prospect News Emerging Markets Daily.

Nigeria’s Zenith Bank to begin investor meetings for benchmark bond

By Colin Hanner

Chicago, May 12 – Lagos, Nigeria-based Zenith Bank will begin investor meetings for a five-year dollar-denominated benchmark bond, a market source said.

Fitch Ratings assigned an expected B+ rating for the notes on Friday.

In 2014, Zenith priced $500 million of 6¼% notes due 2019 to yield 6½%, or Treasuries plus 485 basis points, according to Prospect News.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.