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Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item
Published on 11/10/2023 in the Prospect News Emerging Markets Daily, Prospect News Green Finance Daily and Prospect News Liability Management Daily.

Nigeria’s Access Bank redeems $50 million green notes due 2027

By Marisa Wong

Los Angeles, Nov. 10 – Access Bank plc has redeemed early its $50 million of green senior notes due May 3, 2027 (ISIN: XS2427235119), according to a London Stock Exchange notice.

The coupon for the notes was fixed at 5½% initially and was supposed to step up to 7¼% on May 3, 2024. The notes are also putable at par on the coupon reset date.

The commercial bank is based in Lagos, Nigeria.


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