Access Bank to raise $1bn Eurobond

The Access Bank released a bond prospectus on the Irish Stock Exchange showing its plans to raise a total of $1bn under its Global Medium Term Note Programme.
The amount to be borrowed in this series was however yet to be announced. The Access Bank currently had two series of Eurobonds-the 7.25per cent July 2017 ($350m) and the 9.25 per cent JUN 2021 ($400m).