Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Gulf investors 'will now look at every deal', whether sukuk or not
Demand from the Middle East for the sukuk was steady
The deal has not been pulled or put on hold, said sources involved
Trump's verbal attacks on Nato allies and US rate volatility put issuance on ice
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The European Bank for Reconstruction and Development is in the midst of its first annual meeting in the Middle East, and its president has again floated the idea of another big expansion of the bank’s remit to include sub-Saharan Africa. -
Standard Chartered managing director and head of Africa DCM James Nelson is returning to London after two years in Dubai.
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South Africa’s Absa is looking to establish a corporate and investment banking unit in London, and is actively in the process of hiring DCM and syndicate bankers, according to sources.
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Shares in Vivo Energy, the African fuel distributor, rose more than 3% on its first day of trading on the London Stock Exchange on Friday, after its £558m IPO attracted substantial demand.
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The Republic of Angola raised $3bn this week with its first Eurobond since 2015, after a juicy yield and a positive narrative about reform in the country enticed investors to place $9bn of orders.
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The Republic of Angola has released initial price guidance for its dual tranche bond, which a banker away from the deal said looked generous.
