South Africa’s FirstRand sets roadshow for dollar notes

By Christine Van Dusen

Atlanta, April 14 – South Africa’s FirstRand Bank Ltd. will set out on Friday for a roadshow to market a dollar-denominated offering of notes, a market source said.

BofA Merrill Lynch, BNP Paribas, Rand Merchant Bank and Standard Chartered Bank are the bookrunners for the Regulation S deal.

The roadshow will begin in Frankfurt and Amsterdam and travel to Doha, London, Abu Dhabi and Dubai before concluding on April 22 in Switzerland and Hong Kong.

FirstRand is a lender based in Sandton, South Africa.

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