South Africa's Naspers sets roadshow for possible notes offering

By Christine Van Dusen

Atlanta, July 2 - South Africa's Naspers Ltd. will set out on a roadshow for a possible offering of notes, according to a company announcement.

Investec Bank is arranging the marketing trip for the notes, which will be issued by wholly owned subsidiary Myriad International Holdings BV.

The proceeds will be used for general corporate purposes, including future acquisitions and the repayment of existing credit facilities.

Naspers is a mass media company based in Cape Town.

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