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Emira Property Fund revises 5B-rand medium-term note program

Diversified real estate investment trust Emira Property Fund Ltd. amended its 5.00 billion South African rand domestic medium-term note program, according to a Dec. 10 release.

The Johannesburg Stock Exchange approved the revisions made to the program, including changes to the terms and conditions intended to cater for amendments to the bourse's debt listings requirements.

As of Dec. 10, US$1 was equivalent to 14.46 South African rand.