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,