Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Speed possible in the private placement market proves attractive, even if the issuer may pay a bit more for it
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
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Nigeria is expected to become only the fourth sovereign globally — and the first in Africa — to issue green bonds, by selling a $30m-equivalent five year or longer naira government bond next week.
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A group of senior managers at Dis-Chem Pharmacies, the South African pharmacy chain, have completed the first equity block trade in the stock since its R4.4bn ($304m) Johannesburg IPO in November 2016. The sale of a 3.7% stake was slightly increased.
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Tullow Oil, the oil company headquartered in London but with operations predominantly in Africa, has signed $2.5bn of reserve-based lending (RBL) facilities to refinance existing deals with its relationship banks.
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Equity investors initially responded positively this week to Steinhoff International’s fresh attempts to shore up its operations, helping the dual-listed retail company's share price rebound, before it dropped again on Thursday amid talk of possible legal action and calls for the board to resign.
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South Africa’s distressed Steinhoff has moved its meeting with lenders from Monday to next Tuesday, following its revelation on accounting irregularities last week.
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Global Telecom, a telecommunications company founded in Egypt and headquartered in the Netherlands, has extended a $200m loan by six months.