Burundi's PTA Bank sets talk at 6½% area for five-year dollar notes; pricing expected Wednesday

By Christine Van Dusen

Atlanta, Nov. 26 - Eastern and Southern African Trade and Development Bank (PTA Bank) set talk in the 6½% area for its offering of dollar-denominated five-year notes, a market source said.

BNP Paribas and Standard Chartered Bank are the bookrunners for the Regulation S deal, which is expected to price on Wednesday.

PTA Bank is a lender based in Bujumbura, Burundi.

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