Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Underwriting left unused after deal is 33% oversubscribed
Simbah Mutasa and Sjoerd Van Hooijdonk step up from regional leadership roles
New government is seeking an IMF deal, which will likely require a debt rework
Paying off external arrears will help get an IMF deal over the line
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Kenya Power and Lighting Company signed its $500m loan refinancing last week after extending the deal time to bring in more lenders.
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Mozambique’s battered sovereign bonds dropped to new lows on Monday after the IMF warned its public debt is at high risk of distress after concluding a fact finding mission to the country on Friday.
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PTA Bank, the African development finance institution, has signed a $340m three year loan largely from Chinese lenders.
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South African investment firm Brait has signed new four year debt facilities as it seeks further potential acquisitions.
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Ghana Cocoa Board (Cocobod) has completed senior syndication of its $1.8bn trade finance loan and will pay a few basis points more than last year’s deal to reflect harsher market conditions.
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Johannesburg-listed drug manufacturer Aspen Pharmacare completed arranging €3bn-equivalent of loans on Wednesday. The multicurrency deal was more than twice oversubscribed in the euro tranche.