Fidelity Bank Plc Redeems US$400m Eurobond at Maturity
Fidelity Bank Plc has filed a corporate action notice disclosing the full redemption of its US$400 million 7.625% Senior Unsecured Eurobond, which matured on October 28, 2026. The filing confirms that the Bank repaid the outstanding principal and final coupon in full, meeting all payment obligations under the terms of the notes.
Fidelity Bank Plc has notified the Nigerian Exchange Limited, its shareholders, and other stakeholders that it has fully redeemed its US$400 million 7.625% Senior Unsecured Eurobond upon maturity on October 28, 2026. The filing, dated October 29, 2026, was submitted as a corporate action disclosure to the NGX.
The bond was originally issued on October 28, 2021, carrying a five-year tenor and a coupon rate of 7.625% per annum, payable semi-annually. The instrument was listed under ISINs XS2399990006 and US316044AC04.
According to the notice, the Bank met all scheduled coupon payments throughout the life of the bond and repaid both the outstanding principal and the final coupon in full at maturity. The filing attributes the timely redemption to the Bank's liquidity planning and asset and liability management practices.
The notice was signed by Company Secretary Ezinwa Unuigboje. Stakeholders seeking further information can reach the Bank's investor relations team at info.investor@fidelitybank.ng or via the telephone numbers provided in the filing.
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