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Published on 5/11/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

South Africa’s FirstRand purchases £30.5 million floaters due 2021

By Sarah Lizee

Olympia, Wash., May 11 – FirstRand Bank Ltd. said it has purchased all £30.5 million of its floating-rate notes due March 29, 2021 (ISIN: XS0610341967).

The bank intends to cancel the purchased notes, according to a notice.

FirstRand is a lender based in Sandton, South Africa.


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