Maturity: May 21, 2019
Issue/fixed reoffer price: 99.011
Spread at reoffer: 730bp over swaps
Launched: Wednesday May 14
Payment date: May 21
Bookrunner’s comment:Guaranty Trust Bank, Zenith Bank and Fidelity Bank were all comparables. Fidelity shares Diamond’s single-B rating and its 2018 bonds were trading around 8%. Diamond Bank’s ...
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