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Published on 11/19/2013 in the Prospect News Emerging Markets Daily.

Africa's PTA Bank mandates two banks for possible five-year deal

By Aleesia Forni

Virginia Beach, Nov. 19 - Eastern and Southern African Trade and Development Bank (PTA Bank) is planning to conduct a roadshow ahead of a possible five-year dollar-denominated issue of notes, according to an informed source.

The bank has chosen BNP Paribas and Standard Chartered Bank to arrange the meetings.

PTA Bank is a lender based in Bujumbura, Burundi.


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