South Africa shakes off macro worries with duo
South Africa has printed a $2.5bn dual tranche bond that analysts said was attractive despite the country’s recent economic and political woes.
The sovereign, rated Baa3/BB+/BB+, sold a $1bn 10 year and $1.5bn 30 year bond on Tuesday at yields of 4.875% and 5.65%, respectively.Citi, Deutsche Bank, Nedbank and HSBC ran the transaction. Leads said they were unable to comment until the trade had ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com