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First Rand Bank launches five-year eurobond
By Aaron Hochman-Zimmerman
New York, June 11 - First Rand Bank issued guidance of euribor plus 50 to 55 basis points for its upcoming five-year eurobond, according to a market source.
Citigroup and RBS will be the bookrunners.
First Rand Bank is a Sandton, South Africa-based investment and commercial bank.
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