Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
African issuers are dominating CEEMEA issuance
The company's curve has massively outperformed the South African sovereign this month
Like Angola's, yields on Sasol bonds have fallen since the Middle East war began
Higher prices and concessions mean many issuers will wait for better days
More articles/Ad
More articles/Ad
More articles
-
Life Healthcare, the South African private hospitals group, has completed its R9bn ($673m) rights issue to reduce its debt after completing its acquisition of Alliance Medical Group in the UK, despite political turmoil during the subscription period.
-
Afreximbank has mandated 14 banks to syndicate a $700m loan, a little over a week after securing a Samurai facility of around $100m. -
Petra Diamonds cut through a rough period for South Africa to print a $650m five year bond this week — but the deal is not evidence that the market is open to all borrowers from the country as Petra outshines the rest, said bankers.
-
Africa Finance Corporation was on track to print a seven year bond on Thursday and had taken orders of $1.9bn on Thursday morning.
-
Petra Diamonds became the first South African issuer to test the markets in the wake of an aggressive cabinet reshuffle that saw the dismissal of respected finance minister Pravin Gordhan last week.
-
Even as South Africa and Halkbank prove that idiosyncratic risks are ever present in in emerging market bonds, conditions remain beyond syndicate bankers wildest dreams. That is good news for the bulging pipeline.
