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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Gabon has ended a weeks-long run of Middle East dollar benchmarks with a 10 year transaction, but National Bank of Abu Dhabi and Drake & Scull International are making sure the Middle East remains the driver of CEEMEA supply.
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The Gabonese Republic opened books on a $500m no-grow transaction on Tuesday morning, bolstering an African issuance volumes already at a record high. -
Africa’s Ecobank Transnational, the parent company of the Ecobank Group, has hired the chief executive officer of Citi’s sub-Saharan Africa division to lead its business.
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UBS has hired Brian Smith as country head for South Africa and head of investment banking for sub-Saharan Africa.
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The Gabonese Republic and MFB Hungarian Development Bank have little in common, other than being the best prospects to break the Middle East’s dominance of the CEEMEA benchmark market.
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Ghana National Cocoa Board (Cocobod) has completed the early bird senior phase of its annual loan syndication with a strong oversubscription, said bankers involved in the deal.
