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Nigeria starts marketing US dollar bonds
November 20, 2017 / 9:15 AM / 22 days ago

Nigeria starts marketing US dollar bonds

LONDON, Nov 20 (IFR) - Nigeria has opened books on a dual-tranche US dollar benchmark offering, according to a lead.

The sovereign has started marketing November 2027s at 6.75% area and November 2047s at 7.875% area.

Timing is for today’s business via Citigroup and Standard Chartered.

Nigeria is rated B2/B/B+. (Reporting by Robert Hogg; editing by Sudip Roy)

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