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Published on 4/21/2015 in the Prospect News Emerging Markets Daily.

Nigeria’s Africa Finance talks dollar five-year notes at Treasuries plus 350 bps area

By Christine Van Dusen

Atlanta, April 21 – Nigeria’s Africa Finance Corp. set initial talk in the Treasuries plus 350 basis points area for an offering of dollar-denominated five-year notes, a market source said.

Citigroup, MUFG, Standard Bank and Standard Chartered are the bookrunners for the Rule 144A and Regulation S deal.

The notes could price as soon as Wednesday.

The financial services provider is based in Lagos.


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