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


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:

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