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Nigeria's Access Bank seeks approval for $500 mln debt sale

LAGOS (Reuters) - Nigeria's Access Bank plans to seek shareholder approval this month to raise up to 100 billion naira ($505 million) in debt capital via a public offering or a private placement, the bank said on Monday. The shareholder meeting on the proposed debt sale has been fixed for April 27. Access Bank raised 41.7 billion naira last year through a rights issue to fund expansion of its ...
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Added April 04, 2016
from Yahoo Nigerian News