South Africa to issue dollar notes due 2044, euro notes due 2026

By Christine Van Dusen

Atlanta, July 16 – South Africa is planning to issue dollar-denominated notes due in 2044 and euro-denominated notes due in 2026, according to a company filing.

Barclays, Citigroup and Rand Merchant Bank are the lead managers. Investec is the co-lead manager for the Securities and Exchange Commission-registered deal.

The proceeds will be used to repay maturing debt and for general governmental purposes.

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