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Inaugural Ethiopian eurobond issue a success- positive implications for Allana Potash

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Addis Ababa, 16 December 2014 - Allana Potash Corp. is encouraged by the successful US$ 1 billion Eurobond issue recently launched by the Ethiopian Ministry of Finance. The sovereign debt offering was over-subscribed and was priced to yield 6.625%, below its original benchmark rate of 6.75%.


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