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Published on 10/28/2022 in the Prospect News Emerging Markets Daily.

Mauritius Commercial Bank sets up $3 billion multicurrency MTN program

By Marisa Wong

Los Angeles, Oct. 28 – Mauritius Commercial Bank Ltd. has launched a $3 billion global medium-term note program, according to an offering circular dated Oct. 27.

The notes may be denominated in any currency agreed between the issuer and the relevant dealer.

J.P. Morgan Securities plc, Citigroup Global Markets Ltd., Emirates NBD Bank PJSC and SMBC Nikko Capital Markets Ltd. are the arrangers and dealers for the program.

Citibank, NA, London Branch is the trustee.

Proceeds from notes issued under the program will be used for general corporate purposes.

The notes will be listed on the London Stock Exchange’s International Securities Market.

The bank is based in Port Louis, Mauritius.


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