South Africa’s FirstRand to price $300m bond on Thursday

South African FirstRand Bank has mandated JP Morgan, Mitsubishi UFJ, Standard Chartered and UBS to arrange a $300m five year Reg S bond, having completed investor meetings organised by the same banks on May 11. The meetings, which the leads had said would be in preparation for a deal later in the year, were held in London, Zurich and Geneva. Pricing is expected on Thursday.