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Prospect News home > News index > List of issuers N > Headlines for Nigeria > News item
Published on 6/19/2017 in the Prospect News Emerging Markets Daily.

Nigeria offering $300 million five-year notes talked to yield 5¾%

By Colin Hanner

Chicago, June 19 – The Federal Republic of Nigeria is offering $300 million five-year direct unsubordinated external securities with price talk at 5¾%, a market source said.

The sovereign completed a roadshow for the securities on June 16.

BofA Merrill Lynch, Standard Bank of South Africa Ltd., First Bank of Nigeria Ltd. and United Bank for Africa plc are joint lead managers for the deal.


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