First Bank demonstrates effective assets and liability management with Eurobond redemption
[Hallmark - Nigeria] - 30/10/2025
First HoldCo Plc has announced that its flagship subsidiary, First Bank of Nigeria Limited has successfully redeemed its $350 million Eurobond upon maturity on October 27, 2025. The Eurobond, issued in October 2020 as Senior Notes at an 8.625% coupon rate with semi-annual interest payments, was (…)
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