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Home Companies Company News

Company Watch: Diamond Bank Plc Ends Roadshow, Extends $550Million Bond Issue To July

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 28, 2013
in Company News
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Diamond Bank Plc said it expects to launch its proposed $550 million bond next month and hopes for a 10-year maturity.

The bank said that its roadshow ended without a deal yet.
Reuters quoted the bank’s Chief Finance Officer, Mr. Abdulrahman Yinusa to have revealed that the bank ended a two-week investor roadshow to Britain, Switzerland and the United States last week, which was meant to update fund managers on the bank and gauge appetite for the issue,

Diamond Bank Extends $550 Million Bond Issue to July

Tags: Diamond BankNews Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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