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Lagos, March 12, 2021 FMDQ Securities Exchange Limited (FMDQ Exchange) has admitted Fidelity Bank Plc’s Series 1 N41.21 billion Fixed Rate Subordinated Unsecured Bond under its ₦100 billion Bond Issuance Programme.
Mrs Nneka Onyeali-Ikpe, the Managing Director, Fidelity Bank Plc announced this in a statement on Friday in Lagos.
The listing was approved through FMDQ Exchanges’ Board Listings, Markets and Technology Committee.
Onyeali-Ikpe said that the significant listing would allow the Issuer, Fidelity Bank Plc, fund key activities that would translate into the development of the banking sector and the Nigerian economy.
“This is a landmark bond issuance; it is by far the largest local bond transaction by any commercial bank in Nigeria.