Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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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Standard Bank is in the market for two loans, a $750m deal for Standard Bank of South Africa and a deal for its Kenyan subsidiary, Stanbic Kenya, according to bankers.
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As Africa Finance Corporation launches a $150m loan, other African development finance institutions are lining up to follow, according to bankers.
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Puma Energy, the emerging markets-focused oil products storage and distribution firm, on Tuesday announced plans to raise more money with private placements to expand its activities in Africa, Asia and Latin America.
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Markit is preparing to launch what it said will be the first tradable emerging markets interest rate swap index.
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Sociedade Nacional De Combustiveis De Angola (Sonangol) has completed a lengthy loan syndication for a $1bn five year loan, with Chinese banks taking big tickets, according to a banker on the deal.
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Standard Bank is in the market for two loans, a $750m deal for Standard Bank of South Africa and a deal for its Kenyan subsidiary, Stanbic Kenya, according to bankers.