The
following amendment(s) has (have) been made to the 'Ecobank
Transnational Incorporated Prospectus' announcement released on
27th September 2024 at 18.30 under RNS No
1123G.
The
PDF has now been included in the document
All
other details remain unchanged.
The
full amended text is shown below.
NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
IN WHOLE OR IN PART, TO US PERSONS (EXCEPT AS SPECIFIED BELOW) OR
INTO OR WITHIN THE UNITED STATES (EXCEPT AS SPECIFIED BELOW),
AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA, OR ANY OTHER JURISDICTION
WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO WOULD BE
UNLAWFUL
Ecobank Transnational Incorporated Announces Launch
of US$-Denominated Benchmark 5-year Senior
Unsecured Notes
Offering
Lomé, September 27, 2024--
Ecobank Transnational Incorporated (Ticker: ETINL), a leading
pan-African banking group with presence in 35 African countries and
rated B- (stable) by S&P, B- (stable) by Fitch and B3
(negative) by Moody's, has mandated Absa, Africa Finance
Corporation, African Export-Import Bank, Mashreq and Standard
Chartered Bank as Joint Lead Managers and Joint Bookrunners and
Renaissance Capital Africa as Financial Adviser to organise a
Global Investor Call, as well as a series of fixed investor calls
and meetings commencing on Monday 30 September 2024. A 144A/RegS
US$-denominated benchmark 5-year senior unsecured notes offering
(the "Notes") will follow, subject to market conditions. The Notes
are expected to be rated B- by S&P and B3 by
Moody's.
*Important Note*
This announcement does not contain
or constitute an offer of, or the solicitation of an offer to buy
or subscribe for, securities to any person in which such offer or
solicitation is unlawful. The securities referred to in this press
release have not been and will not be registered under the
regulations in Nigeria, Ghana and UEMOA, and may not be offered or
sold in these regions.
The information contained herein
does not constitute an offer to sell or issue, or any solicitation
of any offer to purchase, subscribe for or otherwise acquire, the
securities referred to herein (the "Notes") in any jurisdiction. The
distribution of this communication and other information in
connection with any offering of the Notes in certain jurisdictions
may be restricted by law and persons into whose possession this
communication or other information referred to herein comes should
inform themselves about and observe any such restriction. In
particular, this announcement and such other information is not for
publication or distribution, directly or indirectly, in whole or in
part, to US Persons (as defined below) (except as specified below)
or into or within the United States (except as specified below),
Australia, Canada or Japan, or any other jurisdiction where, or to
any other person to whom, to do so would be unlawful. Any failure
to comply with these restrictions may constitute a violation of the
securities laws in any such jurisdiction.
This announcement is an
advertisement and is not a prospectus for the purposes of
Regulation (EU) 2017/1129 as it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act 2018
(the "UK Prospectus
Regulation"). A prospectus prepared pursuant to the UK
Prospectus Regulation is intended to be published on the Issuer's
website. Investors should not subscribe for the Notes except on the
basis of information contained in the prospectus.
UK
MiFIR - professionals/ECPs only - The
manufacturer target market (UK MiFIR product governance) is
eligible counterparties and professional clients only (all
distribution channels).
This communication is only being
distributed to and is only directed at (i) persons who are outside
the United Kingdom, or (ii) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Order"), or (iii) high net worth
entities, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order,
or (iv) other persons to whom it may lawfully be communicated (all
such persons (i) to (iv) being together being referred to as
"relevant persons"). Any
investment activity to which this communication may relate is only
available to, and any invitation, offer, or agreement to engage in
such investment activity will be engaged in only with, relevant
persons. Any person who is not a relevant person should not act or
rely on this communication or any of its contents.
The Notes have not been and will not
be registered under the United States Securities Act of 1933, as
amended (the "Securities
Act"), or the securities laws of any state or other
jurisdiction of the United States, and may not be offered, sold,
resold, pledged, delivered or transferred, directly or indirectly,
into or within the United States or to, or for the account or
benefit of, any "U.S. persons" as defined in Regulation S under the
Securities Act ("US
Persons"), except pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the
Securities Act and in compliance with any applicable securities
laws of any state or other jurisdiction of the United
States. In the United States, the offer is
being made only to "qualified institutional buyers" as defined in
and in reliance on Rule 144A under the Securities Act or another
available exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act. Outside the United
States, the offer is being made to persons other than US Persons in
accordance with Regulation S under the Securities Act. Prospective
purchasers are hereby notified that the sellers or issuer of the
securities may be relying on the exemption from the registration
requirements of the Securities Act provided by Rule 144A of the
Securities Act or another available exemption from
registration. There has been and will be no
public offering of the Notes in the United States.
A rating is not a recommendation to
buy, sell or hold securities and may be subject to revision,
suspension or withdrawal at any time by the assigning rating
organisation. Similar ratings for different types of issuers and on
different types of notes do not necessarily mean the same thing.
The significance of each rating should be analysed independently
from any other rating.
Madibinet Cisse
Company Secretary
http://www.rns-pdf.londonstockexchange.com/rns/1147G_1-2024-9-27.pdf