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Most recent/Bond comments/Ad
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Investors were eager to tender their bonds despite initial resistance
Inclusion of a variable rate instrument was not acceptable to official creditors
Oil producer's cost of funding has fallen hundreds of basis points since February
Sovereign's Eurobond began about 40bp back of fair value, said leads
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Afreximbank has closed its largest ever syndicated loan at $1.2bn with 35 banks, its second facility of the year, after a Samurai in April. -
After closing its largest ever loan African Export-Import Bank has named banks for a dollar bond of up to seven years.
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Investor appetite for yield and renewed confidence in the Nigerian financial sector helped United Bank for Africa (UBA) size an inaugural dollar bond at the top end of the target range on Thursday.
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Barclays has sold more than half its stake in Barclays Africa, its separately listed South African subsidiary formerly known as Absa Bank, through a huge R37.7bn ($2.9bn) block trade on Wednesday night that was covered in 45 minutes.
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Ghana Cocoa Board (Cocobod) has mandated six banks to arrange financing for its annual cocoa season, according to a public statement.
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United Bank of Africa (UBA) is set to become the second Nigerian lender to tap the dollar market in less than two weeks after emerging with pricing for a debut five year deal on Thursday.
