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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Outflows from emerging market portfolios since the August unrest are edging ever closer to the volumes seem during the Taper Tantrum of 2013.
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Africa Loans — Bulgarian Energy Holding — OSN — Conviviality
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Ghana’s Cocobod, Stanbic Kenya and Stanbic Zambia will all sign syndicated loans next week, according to bankers on the deals.
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Egypt’s Banque Misr is planning a loan for around $200m and will mandate lead banks next week, according to an official in talks with the bank.
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Egypt is planning to launch another deal from its $10bn conventional bond programme before year end, which should be followed by an international sukuk, delegates at the Euromoney Egypt Conference in Cairo heard this week.
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BNP Paribas has walked away from a African sovereign bond mandate because of compliance issues. The bond, for Angola, is expected to have a size of at least $1bn.