Access Bank Receive CBN, SEC Nod For N30bn 15.5% Tier 2 Bond Issuance

The management of Access Bank Plc, on Friday, said it has received a “no objection” response from the Central Bank of Nigeria (CBN) and approval obtained from the Securities & Exchange Commission (SEC) to issue a N30bn Tier 2 Bond due 2026.
Although the purpose of the bond was not stated, the bank in a statement by Sunday Ekwochi, its company secretary, assured that the bond will be listed on the Nigerian Stock Exchange (NSE) imminently.