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At London investor day, supranational reveals deals and plans for new funding and investments, including fully African project financing
The company is the only corporate issuer in North Africa, making it popular for investors
The company should benefit from a rise in fertiliser prices due to the Iran war
Nigeria plans a total return swap, following peers on the continent in the last 12 months
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Three high yield trades on Tuesday drew healthy demand
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Not long ago five year bonds yielded over 20% and investors were worried about debt distress
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Market participants sceptical new Trump administration will take a gradual approach to tariffs
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High yield issuers may be worried about market access, but some do not see them losing it
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Some have questioned why the issuer is running a tender for 2032 bonds alongside its new issue
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Although DRC exposure a challenge for some, copper is popular sector and ‘bellwether’ EM buyers are in book