
Ecobank Nigeria Limited has announced the commencement of a tender offer for its outstanding $300 million 7.125% Senior Note Participation Notes due 2026, of which $150 million remains outstanding.
The bank said the tender offer is expected to be settled on or before December 31, 2025. Investors whose notes are validly tendered and accepted will receive $1,000 for every $1,000 in principal, in addition to accrued and unpaid interest up to—but not including—the settlement date.
According to Ecobank, the initiative reflects its proactive liability management strategy and commitment to maintaining a strong and well-structured balance sheet. The offer gives eligible noteholders an opportunity to redeem their investments ahead of the scheduled maturity date of February 16, 2026.
The bank noted that the tender offer supports its wider funding and capital planning strategy, while also reinforcing confidence among investors and stakeholders.
It added that the move underscores its dedication to transparent engagement with funding partners and long-term financial stability.
Ecobank emphasised that participation in the offer is entirely voluntary, and noteholders are expected to make decisions based on their individual investment objectives and the terms outlined in the official tender documentation.
The bank also clarified that the announcement is strictly for informational purposes and does not constitute an offer to buy or sell securities, nor should it be interpreted as investment advice.
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