Nigeria, Jan. 7 -- Ecobank Nigeria Limited has significantly reduced its foreign debt exposure after completing an early repayment of about $245 million from its $300 million Eurobond due in February 2026.
The move means the lender has now settled more than 80 percent of the bond ahead of schedule.
The repayment followed a successful tender offer to eligible investors holding the bank's 7.125 percent senior notes. The offer, launched in late November 2025, allowed bondholders to redeem their investments before the original maturity date.
Participants who tendered their notes within the stated deadlines received full repayment at face value, alongside accrued interest up to the final settlement date of December 31, 2025.
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