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Published on 7/18/2012 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Nigeria's Access Bank sets talk at low- to mid-7% area for $350 million five-year notes

By Christine Van Dusen

Atlanta, July 18 - Nigeria's Access Bank plc has set initial price guidance at the low- to mid-7% area for a planned issue of $350 million five-year notes, a market source said.

Citigroup and Goldman Sachs are the bookrunners for the Rule 144A and Regulation S deal, which could price as soon as the July 16 week.

Access Bank is a commercial lender.


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