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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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The Republic of Ghana has picked banks for a dollar benchmark deal that is likely to come with a partial guarantee from the World Bank’s International Development Association (IDA).
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Standard Bank is planning a loan for Stanbic Nigeria, its third loan for a subsidiary following deals it completed for Stanbic Kenya and Stanbic Zambia in recent weeks. -
Concerns over a potential conflict of interest in the process for winding up Afren, the oil exploration company, have further irked shareholders, creditors and employees of the firm, still reeling from its sudden collapse at the end of July.
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Stanbic Zambia signed its debut syndicated loan on Friday and increased the deal to $75m, after oversubscription from lenders.
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Renaissance Capital has appointed Temi Popoola as its CEO for Nigeria.
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Angola has updated the mandate for its debut public Eurobond again, naming Deutsche Bank, Goldman Sachs and ICBC as leaders of the deal, according to two bankers away from the controversial financing.
