Zambia Deal Costs Jump With Yield in Latest Eurobond

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Zambia, Africa’s second-biggest copper producer, had to pay up as prices for the metal slid to six-year lows.

Photographer: Naashon Zalk/Bloomberg News

Zambia’s costs for its third Eurobond issue soared compared with its debut sale in 2012, both managed by Barclays Plc and Deutsche Bank AG, the prospectus for the deal shows.

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