GTB set to launch 5-year $500m Eurobond (6.25% area)

by | November 5, 2013 3:55 pm

GTB to issue a new Eurobond. Guaranty Trust Bank (GTB) is expected to launch a 5-year USD500m Eurobond any day in order to take advantage of favourable global market conditions. It will be the bank’s third external issuance since 2007. The initial yield guidance is allegedly around 6.25%. We suspect the proceeds will serve to…

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