Nigeria’s Seplat Petroleum plans dollar-denominated five-year notes

By Marisa Wong

Los Angeles, March 25 – Seplat Petroleum Development Co. plc plans to price a dollar-denominated benchmark offering of five-year non-call two-year senior notes (B2/B/B-), according to a notice.

J.P. Morgan Securities plc, Citi, Standard Bank, Standard Chartered Bank, Natixis, Rand Merchant Bank, Societe Generale, FCMB Capital Markets, Nedbank, United Bank for Africa and Zenith Bank plc are the managers.

The notes will be listed on the London Stock Exchange.

Seplat is a Nigerian oil and gas exploration and development company.

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