Afrexim five year strong in secondary
African Export-Import Bank’s $500m five year bond was trading up in the secondary market on Wednesday. The borrower had to contend with a downgrade from Standard & Poor’s in the run up to the deal, but still managed to price a three times subscribed bond with respectable new issue premium.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: