UPDATE 1-S.Africa's Imperial issues R1.0 bln bond

Newswire

(adds details, background throughout) JOHANNESBURG, Nov 27 (Reuters) - South Africa's Imperial Holdings Limited said on Thursday it had issued a 1.0 billion rand ($155.8 million) corporate bond, due 2010, at 127 basis points above the benchmark R153 government bond. The diversified holding company said in a statement that the IPL3 bond carried a 10 percent coupon and a yield to maturity interest rate of 10.07 percent. It is the third series issued by Imperial under its domestic medium ...

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