Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Five year bond set to be priced much tighter than the development bank's last senior issue
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
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More articles/Ad
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IHS Nigeria printed the largest ever deal from an African sub-investment grade issuer on Wednesday, raising $800m with a five year non-call two trade. The deal marks a success for Africa’s improving infrastructure story. -
IHS Nigeria was on track to print its five year non-call deal on Tuesday having circulated initial price thoughts at mid-9% area.
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The Eastern and Southern African Trade and Development Bank (PTA) completed its loan refinancing last week and grew the deal from $320.5m to $400m in syndication after strong support from lenders, according to a lead banker.
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Forget flogging beef to Europe – focus on selling chickens to your neighbour. Zambian Finance Minister Felix Mutati tells GlobalMarkets how boosted inter-regional trade to 20% would help transform Africa’s economies
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Marrakesh in November will be a landmark: the first ‘implementation COP’, when countries start making the Paris Agreement work. But there is no cause for cheering — decarbonisation needs to get a lot more ambitious to prevent climate disaster
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Nigeria’s National Pension Commission chief tells GlobalMarkets that a dramatic shift towards infrastructure is needed and that pension fund money could become a real force in that shift
