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