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Top section
Sovereign left little, if anything, on the table for investors
The sovereign had to move fast to beat the release of US economic data
Data
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◆ Gabon gets it right second time ◆ FIG forgets it’s meant to be summer break ◆ AT1s complete their redemption arc
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Investors are keen on debt-for-nature swaps, but Gabon version shows there are still teething problems for the product
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Proposed new issue is a securitization of IDB Invest’s purchase of securities from electricity generation companies
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The tender formed part of a debt-for-nature swap, the bond issue priced earlier this week
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BofA-led transaction came wider than many expected and left several EM accounts in the dark
Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa