(Reuters) - South Africa's Absa Bank, a unit of Absa Group Ltd, raised 27.9 million rand by placing 31,223 preference shares at a price of 894.19 rand a share, the bank said on Tuesday.
The preference shares have an effective dividend rate of 72.25 percent of prime, it said in a statement.
Read more at Reuters Africa
The preference shares have an effective dividend rate of 72.25 percent of prime, it said in a statement.
Read more at Reuters Africa
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