Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Even if ceasefire succeeds, investors will still want a risk premium
Demand allowed the bank to cut the yield by 35bp
The country offers huge potential and possible pitfalls for investors
A piece of very rare African senior bank issuance could also come this week
More articles/Ad
More articles/Ad
More articles
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Afren, the troubled oil exploration company, has decided not to pay the $12.8m of interest which was due on its 2019 bonds on April 8, 2015, despite having raised $200m of interim funding on April 30.
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Ghana National Cocoa Board (Cocobod) has entered the early bird senior phase of its annual loan, according to bankers involved in the deal. -
Afren, the troubled oil exploration company, has avoided imminent bankruptcy with a $200m lifeline credit facility. The money injection follows a tense restructuring process in which two Nigerian banks dictated terms to a group of global financial giants, writes Olivier Holmey.
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Mining company Petra Diamonds closed a successful $300m debut deal on Wednesday — the only one from the CEEMEA region this week in dollars or euros. The bond was trading well in the secondary market on Thursday with the order book having drawn over $1.1bn.
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Mining company Petra Diamond closed a successful $300m debut deal this week, which was trading well in the secondary market on Thursday, said bankers on the deal.
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Mining company Petra Diamond is planning to price a $300m high yield bond debut on Wednesday afternoon.
