Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
◆ Why emerging market issuers are doing less in dollars ◆ Republic of Congo located between rock and hard place ◆ The GlobalCapital Podcast was brought to you by the numbers 17, 100 and the whole Alphabet
The yield was ultra high but Congo had little room to manoeuvre
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
Observers have questioned why the country is issuing debt at this price
More articles/Ad
More articles/Ad
More articles
-
The travails of Steinhoff International, the embattled South African retail holding company, deepened today as Christo Wiese, the entrepreneur who has built up the business, resigned as chairman. -
South Africa’s FirstRand Bank signed a syndicated loan with 21 banks on Thursday for $700m, $200m higher than its launch amount, despite South Africa’s recent rating downgrade, which also led to a downgrade for FirstRand.
-
Savannah Petroleum, the UK oil and gas company focusing on African exploration, has announced a range of 40p to 50p a share for a follow-on share placing to fund its acquisition of the Nigerian oil and gas assets of Seven Energy.
-
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.
-
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.
-
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.
