Seplat confirms float on London and Nigerian stock exchange

LONDON, March 11 Tue Mar 11, 2014 3:12am EDT

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LONDON, March 11 (Reuters) - Nigerian oil company Seplat is to list on the London and Nigerian stock exchanges with a $500 million float, the oil company said on Tuesday, raising money to pay down debt and for acquisitions.

BNP Paribas and Standard Bank are joint global co-ordinators, while Renaissance Capital, Citigroup and RBC Europe are joint bookrunners on the deal.

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