Fidelity’s Eurobond feat gets all round applause

Fidelity’s Eurobond feat gets all round applause

Fidelity Bank Plc, a mid-sized Nigerian lender, became the first bank outside of the country’s big five to access the international capital markets for four years, last week, raising $400m via a five-year Eurobond and gaining the confidence of investors to boot. The fundraising, following two $500m Eurobonds issued by larger rivals, Zenith Bank and…

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