May 11, 2017 / 3:42 PM / 4 months ago

BRIEF-Zenith Bank says intends to raise $500 mln via medium term notes

May 11 (Reuters) - Zenith Bank Plc:

* Established a $1 billion global medium term note programme in 2014 and had raised $500 million under the first tranche of notes issued

* Now intends to raise up to $500 million under second tranche of notes under the programme

* It is intended that the second tranche notes will also be listed on ise and admitted to trading on its regulated market

* Intends to utilize net proceeds of the second tranche notes for its general banking purposes Source text for Eikon: bit.ly/2qYdORd Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below