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Prospect News home > News index > List of issuers F > Headlines for FirstRand Bank Ltd. > News item
Published on 4/23/2015 in the Prospect News Emerging Markets Daily.

South Africa’s FirstRand Bank launches $500 million five-year notes at mid-swaps plus 280 bps

By Christine Van Dusen

Atlanta, April 23 – South Africa’s FirstRand Bank Ltd. launched a $500 million offering of five-year notes at mid-swaps plus 280 basis points, a market source said.

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

FirstRand is a lender based in Sandton, South Africa.


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