| SENS Note - 06 October 2016 |
| MTN - group raises USD1 billion |
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MTNH and MTN Group announce the successful pricing of the dual tranche USD500 million Long 5-year and USD500 million 10-year notes. Proceeds of the issue, which is due to settle on 13 October 2016, will be used for purposes of capital expenditure; to pay down working capital facilities; and for general corporate purposes. The notes maturing in February 2022, have a coupon of 5.373% and the notes maturing in October 2026 have a coupon of 6.5%, and will be listed on the Irish Stock Exchange. The joint book- runners for the issue are Barclays, Bank of America Merrill Lynch, Citi Bank (B&D) and The Standard Bank of South Africa Limited. |
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