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
More articles/Ad
More articles/Ad
More articles
-
Zesco, the Zambian state-owned power firm, is syndicating a $122m seven year loan, part of which is guaranteed by US government agency USAID. -
Citigroup and Morgan Stanley have on Thursday night launched and closed the expected $2.5bn capital raising for Naspers, the South African media and e-commerce company, as an accelerated bookbuild. The sale is covered.
-
Eqypt’s Banque Misr is finalising a $250m three year loan and will sign on Sunday, according to a banker close to the deal.
-
South Africa’s FirstRand Bank will sign its $225m loan next week, according to a banker close to the deal.
-
Lead bankers are finalising allocations for Kenya’s $600m sovereign loan and expect it to grow from its initial size.
-
Standard Bank will pay $25.2m to the UK Treasury and will be required to pay the government of Tanzania a further $7m in compensation over its failure to prevent bribery. The fine relates to the winning of a mandate for Tanzania’s $600m private placement in 2013, the pricing of which was heavily criticised by bankers away from the deal.
