Ecobank’s shareholders approve $400m bond to strengthen capital position

Ecobank’s shareholders approve $400m bond to strengthen capital position

Shareholders of Ecobank Transnational Incorporated (‘ETI’), the parent company of the Ecobank Group has approved the issue of up to $400 million in convertible bonds. The approval was given during the 29th Annual General Meeting and Extraordinary General Meeting, held in Lomé on 16 June 2017, The convertible bond issue will have a maturity of…

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