Bayport Management eyes $80 million three-year social bond issuance

By Marisa Wong

Los Angeles, Dec. 9 – Bayport Management Ltd. said it has mandated DNB Markets as bookrunner to arrange a fixed-income investor call at 9 a.m. ET on Dec. 11, ahead of a possible social bond issuance.

The company may issue up to $80 million of three-year subordinated social bonds, subject to market conditions, according to a Monday news release.

Based in Mauritius, Bayport provides financial services in Botswana, Colombia, Ghana, Mexico, Mozambique, South Africa, Tanzania, Uganda and Zambia.

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