South Africa

04 May 2006

Bookrunners BNP Paribas, Citigroup, ING and JP Morgan have launched syndication of First Rand Bank's $300m loan, which will be split equally between three and five year tranches.
The three year tranche pays a margin of 20bp over Libor, the five year 27.5bp over.
First Rand was last in the ...

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