Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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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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.
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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.
