Africa
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Undisclosed institutional shareholder sells stake in Wednesday evening ABB -
The country is unlikely to issue new dollar bonds in the near future despite a big rally in yields
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Underwriting left unused after deal is 33% oversubscribed
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Simbah Mutasa and Sjoerd Van Hooijdonk step up from regional leadership roles
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New government is seeking an IMF deal, which will likely require a debt rework
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Paying off external arrears will help get an IMF deal over the line
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Japanese investors like the extra yield international borrowers can offer in the yen market
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Helios's Moroccan health tech company T2S lists in Casablanca
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Placement 3.7 times subscribed, weeks after regulator halted unauthorised marketing of a purported public offer
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Few sub-Saharan African issuers have issued Samurai and fewer without a guarantee
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Break-up with Fitch over downgrade has not put off investors
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New agreement not a done deal, but this is the furthest Ethiopia has got to in restructuring its bonds
