MTN Said to Seek More Than $1 Billion From Dollar Bond Sale

Updated on
  • Wireless carrier wants $500 million apiece from two bonds
  • Offering is first venture to Eurobond market since 2014

MTN Group Ltd. is seeking more than $1 billion from the sale of two dollar bonds as Africa’s biggest wireless carrier by sales returns to the Eurobond market for the first time since 2014, according to a person familiar with the situation.

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