Telecommunications giant MTN has raised $1-billion in two dollar bonds. It announced, late on Thursday, the pricing of $500-million five-year and a $500-million ten-year notes, that mature in February 2022 and October 2026 respectively. The proceeds will be used for capital expenditure, to pay down working capital facilities and general corporate purposes.
Source: www.engineeringnews.co.za
MTN raises bn
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