Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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The familiar problem of inter-creditor opacity has also reappeared
Company in 'no doubt' a public trade would have delivered better pricing
As with other private placements from Africa, observers have questioned the merits of the format
Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
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Nigerian loans have given an underwhelming performance this year, but deals from Ecobank, FCMB, Skye Bank and Stanbic IBTC will test the mettle of the market. -
Angola’s national oil company Sonangol launched its $1bn loan into general syndication last week, after offering the deal to senior lenders in August.
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The Republic of South Africa starts a non-deal roadshow next week following a recent medium term budget policy statement, but also has a firm mandate outstanding for an international bond deal.
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The Kenyan government will launch into general syndication a loan that could raise $750m in the next couple of weeks, according to a lead banker.
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South Africa’s FirstRand Bank is in the market for its second loan of the year, while fellow South African firms Investec and Naspers are due to close deals soon.
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Angola’s national oil company Sonangol launched its $1bn loan into general syndication last week, after offering the deal to senior lenders in August.
