Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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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
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Angola has decided to issue domestic debt linked to the dollar and shelved a plan for a Eurobond, according to analysts.
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Amid fears of falling commodity prices, emerging market fund outflows and what a Chinese slowdown could do to Africa, Ghana priced a $1bn 15 year deal on Wednesday.
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The Republic of Ghana opened books on a partially guaranteed amoritising deal on Wednesday, with alluring initial price thoughts in the 11% yield area.
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People’s Bank of China (PBoC) named Bank of China Zambia branch (BoC Zambia) as the latest RMB clearing bank, the central bank said in a statement on 30 September.
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In Stanbic Kenya’s latest $155m loan, the bank tightened pricing by 5bp for the two year tranche compared to what it paid last year.
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Stanbic Kenya included its first ever three year tranche as it signed a $150m loan in Dubai today (Monday), after increasing the deal from $100m.