Ecobank Transnational Incorporated (ETI) has announced the successful pricing of its $400 million 10.125% notes due 15 October 2029, with interest payable semi-annually in arrears on 15 April and 15 October in each year, commencing on 15 April 2025.
The net proceeds from the issuance of the Notes will be used for general corporate purposes, including refinancing of the $350m Senior Bridge-to-Bond Loan Facility entered into in March 2024.