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
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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. -
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.
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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.
