Zenith Bank Plc. has announced that it intends to raise up to $500 million under the $1 billion Global Medium Term Note Programme which it established in 2014. The bank had raised $500 million under the 1st tranche of notes issued under the Programme and now intends to raise an additional $500 million under the 2nd tranche. The notes issued under the 1st tranche had been admitted and listed on the Irish Stock Exchange, where the bank intends to also list the 2nd tranche.
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