Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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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Afreximbank printed a bond of superlatives on Tuesday, achieving its biggest ever book and largest trade. But bankers on and off the deal debated whether the African supranational priced the note flat to or inside its curve.
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Afreximbank printed a bond of superlatives on Tuesday, achieving its biggest ever book and largest trade. But bankers on and off the deal debated whether the African supranational priced the note flat to or inside its curve.
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Local lenders flooded into mobile telecommunications firm MTN Côte d’Ivoire’s $225m-equivalent loan in West African francs, leaving it almost twice subscribed.
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Afreximbank was offering 25bp-30bp new issue premium at guidance stage for its new five year dollar benchmark note on Tuesday.
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Kenya Power and Lighting Company (KPLC) has completed refinancing on $500m of loans, reducing its costs with the help of a World Bank guarantee.
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In this round-up, the AIIB gets ready for its first annual meeting as the president explains how the bank will work, the spread widens between offshore and onshore renminbi and Zimbabwe seeks trade settlement agreement. Plus, a recap of GlobalRMB’s top stories this week.