Access Bank says it has repaid $500m Eurobond at maturity
Access Bank says it redeemed a $500m senior unsecured Eurobond that matured on 21 September 2026. The bank said the repayment was made entirely from its own foreign-currency liquidity and followed the asset-liability management framework and maturity profile set when the bond was issued.
Access Bank Plc, the flagship banking subsidiary of Access Holdings Plc, has redeemed a $500m senior unsecured Eurobond that matured on 21 September 2026, Punch Nigeria reports. The bank said the repayment was funded entirely from its own foreign-currency liquidity. It described the payment as consistent with its asset-liability management framework and with the maturity profile established when the bond was issued.
The redemption means the bank has met the repayment obligation attached to the bond at its stated maturity. The supplied material does not give the bond’s original issue date, interest rate or other terms. Access Bank also did not provide, in the available information, details of the amount of foreign-currency liquidity remaining after the repayment or explain whether the redemption would affect its future borrowing plans.
No independent assessment of the payment or the bank’s liquidity position was included in the report.
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