Seplat sells $350m though ‘bigger trade was available’
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Emerging MarketsAfrica

Seplat sells $350m though ‘bigger trade was available’

Oil rig from Fotolia 230x150

Seplat Petroleum sold a $350m five year non-call two bond on Monday, turning down a larger trade that was available, according to a lead manager. The final print was being smaller than originally indicated.

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