Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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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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Banque Ouest Africaine de Développement (BOAD) is holding an investor call for a dollar bond after first roadshowing in January.
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Standard Chartered has picked a new head of syndicated loans for Africa, after moving its syndicated loans unit into its corporate finance division.
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Just two working days after Numis’s dashing block trade in Saga stock on Thursday last week, Credit Suisse brought another sparky, sole-managed deal to the market on Monday night, with a £1bn sale of SABMiller shares for Jan Kulczyk, the Polish billionaire.
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China's growing presence in Africa is nothing new. But Asian banks are finally coming to the continent's loan market with big tickets and this is not the time for other lenders to sit on their hands.
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Development banks will be the most active borrowers in African loans this year, as appetite from international banks to lend directly to African borrowers wanes, according to market participants.
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The murky waters surrounding Mozambique’s ‘tuna bond’ have thrown up yet another secret loan. Bondholders are clamouring for answers after Mozambique’s freshly issued sovereign bonds dropped several cash points this week.