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
More articles/Ad
More articles/Ad
More articles
-
Barclays has this evening executed a R13bn ($900m) accelerated bookbuild in shares of Barclays Africa Group, its separately listed South African subsidiary, as the first stage in its already announced plan to divest the bank. The trade was covered in 35 minutes and multiple times oversubscribed.
-
The IMF has confirmed to GlobalCapital that neither Mozambique’s Standby Credit Facility (SCF) nor the Policy Support Instrument (PSI) have been cancelled, as had been misreported by several news outlets. But bondholders are still calling for clarity over Mozambique's external debt. -
ICBC Standard Bank has hired a head of corporate and bank sales, with additional responsibility for financing solutions.
-
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.
-
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.
-
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.
