Africa Finance Corp sells debut green bond

By Frank Jackman
21 Sep 2020

Africa Finance Corp, the pan-African development finance institution, printed its first green bond on Monday – the first in Swiss francs from a CEEMEA supranational.

The A3 rated issuer tapped the Swiss franc market for Sfr150m ($164m) of 1.205% September 2025 debt.

Credit Suisse and Renaissance Capital were mandated last Wednesday to hold investor calls ahead of a prospective debut.

“We received some very strong feedback, which allowed us to go ...

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