Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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The familiar problem of inter-creditor opacity has also reappeared
Company in 'no doubt' a public trade would have delivered better pricing
As with other private placements from Africa, observers have questioned the merits of the format
Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
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Emerging market bonds opened 10bp-15bp wider on Monday giving issuers plenty of reason to sit and digest a sell-off following a months-long positive run. However, bankers said that more attractive valuations would be a positive for investors.
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Ghana stunned bond markets with a new six year dollar deal yielding 9.25% on Thursday, barely a month after abandoning issuance plans due to pricing concerns.
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African Export-Import Bank has sent a request for proposals for a loan of $750m, according to a banker who received the invitation. While PTA Bank has revealed the pricing for its $320.5m loan.
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South African telecoms company MTN will start meeting investors this week ahead of a potential dollar bond market return.
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Ghana took investors by surprise on Thursday morning with the release of pricing for a new global dollar bond.
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African Export-Import Bank has sent a request for proposals for a loan of $750m, according to a banker who received the invitation.