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Pta Bank to issue bonds.

Global Banking News-1 October 2009-Pta Bank to issue bonds(C)2009 ENPublishing - http://www.enpublishing.co.uk

Global Banking News - 01 October 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Uganda-based Preferential Trade Area Bank is to issue bonds.

The company is planning to issue bonds worth UGS40bn. It had earlier issued two bonds of USD15m in 2007 and USD10m in 2005 in Kenya.

Stanbic Bank has been named as the arranger and lead placing agent for the issue.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Date:Oct 1, 2009
Words:103
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