Published on 7/23/2012 in the Prospect News Emerging Markets Daily.
New Issue: African Bank issues CHF 150 million 4¾% three-year Swiss bonds
By Aleesia Forni
Columbus, Ohio, July 23 - African Bank Ltd. priced CHF 150 million 4¾% three-year fixed-rate senior unsecured Swiss bonds, according to a company news release.
The bonds were issued under the bank's $2 billion euro medium-term note program.
African Bank is a Johannesburg-based commercial bank.
Issuer: | African Bank Ltd.
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Issue: | Senior unsecured Swiss bonds
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Amount: | CHF 150 million
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Maturity: | July 24, 2015
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Bookrunners: | Credit Suisse AG, Barclays Bank plc
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Coupon: | 4¾%
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Trade date: | July 23
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