Ecobank proposes $400m convertible bond issue
In a move to repay the short-term financing and debt restructure of the maturity profile, the management of Ecobank Transnational Incorporated has proposed a $400 million convertible bond issue in second quarter of 2017. The Group Chief Executive Officer, Ecobank, Mr. Ade Ayeyemi in a statement said, “The funds from our proposed $400million convertible bond […]