Africa Bonds

Investors are hoping that FirstRand, the South African bank, will be offering more generous terms for the relaunch of a Reg S senior unsecured dollar bond, having pulled the deal in November 2014.

Moroccan fertilizer company OCP on Wednesday priced its second ever international bond deal just a few basis points back of its extrapolated curve, investors said.

Moroccan fertilizer company OCP has released initial price guidance of 4.875% area for a 10.5 year dollar benchmark, offering around a 12.5bp new issue premium for the deal.

Credit Suisse hired Edward Marlow last month as head of sub-Saharan Africa sales and coverage in fixed income.

Africa Finance Corp (AFC), the multilateral lender, is meeting investors for its inaugural Eurobond.

Moroccan phosphate group OCP has mandated banks for a series of investor meetings for a 144A Reg S dollar bond.

Kosmos Energy found decent demand for a tap of its debut bond deal this week, despite being an EM flavoured oil credit.

Africa Finance Corp is meeting investors for its inaugural Eurobond.

Moroccan phosphate group OCP has mandated banks for a series of investor meetings for a 144A Reg S dollar bond.

Narjess Aschi has been appointed Citi’s new head of financial institutions corporate banking for the Middle East and North Africa.

Anglo American, the London-headquartered South African mining company, has issued a €600m five year bond.

Kevin Latter has been appointed head of investment banking in South Africa at Bank of American Merrill Lynch.