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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African Export-Import Bank has sent a request for proposals for a loan of $750m, according to a banker who received the invitation. -
Steinhoff completed syndication of $4bn of acquisition loans this week with the deal going “better than expected", according to bankers. The loan market has not shown signs of fatigue for the South African-based furniture retailer, even though the borrower has already asked a lot of the market this year.
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Domestic opposition could derail Egypt’s IMF deal and threaten plans for a dollar market return, analysts have warned.
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African Export-Import Bank (Afreximbank) is signing banks into its $250m Asia focused loan this week and has sent out requests for proposals for a much larger deal.
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Banks are signing documents for the $4bn of acquisition loans for South African-based Steinhoff on Wednesday. The deal has gone “better than expected,” according to one lead banker.
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The Eastern and Southern African Trade and Development Bank (PTA) has chosen seven banks to lead its latest loan refinancing which launched into syndication this week.
