| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| USD | 350.000 | 5 | Oct-25 | Sr. Unsecured | - | B- | B- | Fixed | Swaps | 9% a | 8.875% | 846.1 | 8.63% | - | 99.00800 |
Tranche Comments
5 yr: Registration: 144A/Reg S; Comments: USD350m 5yr snr unsec RegS/144A. -/B-/B-. Citi/RenCap/StCh(B&D). IPT 9% area, yld set 8.875% for exp 300m, launch 350m, bk >470m ex-JLM (peak >480m). Priced Tues. MS+846.1 / T+854 vs 0.25% 9/25. 144a ISIN: US302406AC71. LEI: 213800WYQV2Q3TA9J649;
Guarantor(s)
Senior Note Issuer: First Bank of Nigeria Ltd