Ecobank Nigeria’s $300m bond berths on London Stock Exchange

Ecobank $300m bond on London Stock Exchange

Ecobank Nigeria’s $300m bond berths on London Stock Exchange     Ecobank Nigeria on Thursday opened the market at London Stock Exchange (LSE) via a virtual ceremony to mark the listing of its five-year fixed rate senior unsecured $300 million bond. Ecobank Nigeria, a subsidiary of Ecobank Transnational Incorporated, the parent company of the Ecobank Group, provides the full suite of banking products, services and solutions through multiple channels to retail, commercial, corporate and public sector customers. The bond carries a coupon rate of 7.125 per cent, significantly below its…

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iROKOtv plans $100m IPO on London Stock Exchange

iROKOtv plans $100m IPO on London Stock Exchange

iROKOtv plans $100m IPO on London Stock Exchange   Nigerian-based online streaming media company, iROKO Partners, has commenced preliminary to file for an initial public offering (IPO) in the next twelve months on the London Stock Exchange (LSE) Alternative Investment Market. Jason Njoku, co-founder and CEO of iROKO Partners, revealed that the largest online catalogue of Nollywood content across the globe will pull between $20 million to $30 million in IPO and will see the streaming company hitting a market value of around $80 million to $100 million. Njoku had…

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