Africa
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Lenders tipped to ‘review and increase’ credit lines to the country after coalition government formed
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Two parties, diametrically opposed on many key issues, have joined forces to run South Africa
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Yields are too high to issue at a reasonable cost, and a drought means a rally is unlikely
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Some believe the issuer paid more by going private
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The market had been expecting a public deal, said investors
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South African bonds will do very well under some outcomes, but others pose a big risk
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Some African corporates will be watching Helios’ deal, but not all can follow it
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The company is one of the strongest pure African corporates, said a lead
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South Africa bank seeks to tap growing economic ties with China
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OCP and Sisecam dual tranche dollar deals fly, Kuwait International Bank sells AT1
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Deals are expected to go well, as investors have requested more of the paper
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The fuel supplier has earned multiple rating upgrades thanks to liability management exercises