Ecobank Transnational Incorporated has announced plans to raise fresh funds from the international debt capital market to refinance existing obligations and expand its green financing portfolio.
The group disclosed the move in a filing submitted to the Nigerian Exchange Limited, the Ghana Stock Exchange, and the Bourse Régionale des Valeurs Mobilières on May 7, 2026.
According to the disclosure signed by Group Executive Director and Chief Financial Officer Ayo Adepoju, the bank plans to issue Tier 2 qualifying “Nature Notes” under U.S. SEC Rule 144A and Regulation S.
The proceeds from the issuance will be used mainly to fund a concurrent tender offer for Ecobank’s existing $350 million 8.750% Tier 2 Notes due in June 2031.
The bank also said part of the funds will be allocated to financing and refinancing eligible green assets under its Green Bond Framework, reinforcing its commitment to sustainable finance.
Ecobank stated that the planned Notes are expected to be listed on the London Stock Exchange to improve investor access and global visibility.
The transaction forms part of the lender’s broader capital management strategy aimed at strengthening its balance sheet while supporting environmental, social and governance (ESG)-driven investments across its operations in 34 African countries.
The planned issuance follows a $250 million Additional Tier 1 (AT1) capital raise approved by shareholders in May 2025, which was designed to reinforce regulatory capital and financial resilience under Basel III requirements.
Ecobank said the latest move reflects its long-term strategy of balancing capital optimisation with expansion into sustainable financing markets across the continent.
The group recently reported strong financial performance in 2025, crossing the N1 trillion profit mark, driven by growth in treasury income and increased investment in government securities.
Gross earnings rose by 16 per cent to about N4.88 trillion, while profit after tax increased by 23 per cent to N904.7 billion.
Interest income from treasury bills and investment securities contributed over N1.4 trillion, highlighting the bank’s diversified income structure alongside its core lending business.
Analysts say Ecobank’s continued access to global capital markets underscores growing investor confidence in African financial institutions pursuing sustainability-linked financing strategies.
