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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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The president of the Asian Infrastructure Investment Bank, Jin Liqun, tells Emerging Markets that he expects strong demand for its debt and reveals that he is looking to invest in emerging economies across the world as well as in Asia.
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Banque Ouest Africaine de Developpement raised $750m with its debut international dollar note on Thursday after the US Federal Reserve left rates unchanged on Wednesday.
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French firm Fnac will imminently launch syndication of its loan to buy retailer Darty, after winning a bidding war with South Africa's Steinhoff. Meanwhile, banks supplying a £920m loan for the thwarted rival await instructions.
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Banque Ouest Africaine de Developpement opened guidance on its debut dollar note on Thursday after the US Federal Reserve left rates unchanged on Wednesday.
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The £920m loan for Steinhoff’s bid for Darty remains in place, although the South African firm has been outbid by French retailer Fnac.
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Banque Ouest Africaine de Développement (BOAD) is holding an investor call for a dollar bond after first roadshowing in January.