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Kennedy Uzoka

UBA Redeems $500m 5-year Eurobond

The United Bank for Africa (UBA) on Wednesday, redeemed its debut $500 million 5-year Eurobond notes with the maturity date of June 8, 2022. Issued in 2017, the five-year bond was offered at a coupon rate of 7.75 per cent, and raised to…