Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Angola earns praise for its $2.5bn reopener on Tuesday
A very rare sovereign issuer from CEE is preparing a new bond ahead of a maturity
Consortium of four banks provided financing with one bank new to deal
Anyone who wants to can access the continent's market
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Shares in Helios Towers, the African telecommunications infrastructure company backed by George Soros and Madeleine Albright, rose as much as 4.3% following their debut on the London Stock Exchange on Tuesday morning, despite a jittery market that has seen numerous IPOs pulled or trading below their offer prices.
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Standard Bank is expected to raise $1bn in the loan market, up from an initial target of $500m, and slash the pricing of a three year loan by roughly 30bp.
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Banque Ouest Africaine de Développement (BOAD) is set to return to the capital markets for the first time in over two years, sounding out investors for a long end dollar benchmark. The trade will follow a euro dual trancher from the Ivory Coast sovereign.
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The African Export Bank (Afexrimbank) has filed initial paperwork before a potential float on the London Stock Exchange.
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Ivory Coast has bolstered loans bankers' expectations that African sovereigns will become a rare source for growth in the market, closing a €300m seven year loan.
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Less than a decade ago Egypt was deemed a no-go zone by many private sector investors, but now it’s an investment hotspot. We asked Sahar Nasr, Egypt’s Minister of Investment and International Co-operation, to explain what’s behind the turnaround