Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
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
More articles/Ad
More articles/Ad
More articles
-
The cash strapped Republic of Angola had its prayers answered with a successful $1.5bn Eurobond this week, which it priced some three years after first starting to pick leads. Rival bankers did not see eye to eye on final pricing, but the injection of foreign currency into the government’s coffers was still a boon for Angola’s finances, said analysts. -
South Africa’s Investec Bank is accessing the syndicated loan market for the fifth time this year, and is shaking things up by tapping Asian bank liquidity for a $100m three year borrowing.
-
African private equity is feeling the effects of the wider capital flight from emerging markets and the downturn in commodity prices, but market participants say there are still fruitful investments to be made.
-
Angola opened books on a long awaited Eurobond on Wednesday morning with price thoughts that instantly caused disagreement among debt bankers away from the deal.
-
The Republic of Cameroon is embarking on a roadshow in Europe and the US on Thursday.
-
The Kenyan government has launched syndication for its second syndicated loan, a $600m two year deal. Bankers expect interest from a broader spectrum of lenders than the country's first syndicated loan in 2012.
