Angola set to test new corners of EM

By Ross Lancaster
19 Nov 2019

The Republic of Angola sought a dual tranche trade on Tuesday, marketing 10 and 30 year bonds to investors that will likely have mixed views on the sovereign.

The B3/B-/B rated issuer roadshowed in London and New York last week. Joint global coordinators Deutsche Bank and Standard Chartered announced two benchmark tranches with 10 and 30 year maturities on Tuesday morning, along with ICBC.

A banker away from the deal said that while ...

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