Ecobank Nigeria Launches Tender Offer for 2026 Eurobond
Ecobank Nigeria has announced a tender offer for its outstanding US$300 million, 7.125% Senior Notes due 2026, with US$150 million still outstanding. The offer, which began on 28 November 2025, will settle on or before 31 December 2025. Noteholders who participate will receive US$1,000 per US$1,000 in principal, plus accrued interest up to (but not including) the settlement date.
The bank said the move reflects its proactive approach to liability management and balance sheet optimisation. By offering early redemption ahead of the original 16 February 2026 maturity, Ecobank aims to strengthen its funding strategy, improve capital-planning flexibility and maintain a stable debt profile.
Ecobank added that the offer demonstrates its commitment to transparent engagement with investors, noting that participation is voluntary and based on each holder’s investment decision.
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