Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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The familiar problem of inter-creditor opacity has also reappeared
Company in 'no doubt' a public trade would have delivered better pricing
As with other private placements from Africa, observers have questioned the merits of the format
Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
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Credit Suisse hired Edward Marlow last month as head of sub-Saharan Africa sales and coverage in fixed income.
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Chevron Nigeria will hold a meeting with banks in London on Monday next week as it looks to build commitments for a $1.2bn loan. -
Surprisingly weak Chinese trade data has triggered receiving in 5-10 year CNY NDIRS while an uptick in the USD/CNY fix has backed a short-end swap bid. The curve has flattened accordingly. Meanwhile, China has signed a swap deal with South Africa, writes Deirdre Yeung of Total Derivatives.
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Chevron Nigeria, which has extensive oil production operations in onshore and offshore Nigeria under a joint venture with Nigeria National Petroleum Corp, has launched a $1.2bn loan with dollar and naira tranches.
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Africa Finance Corp (AFC), the multilateral lender, is meeting investors for its inaugural Eurobond.
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Moroccan phosphate group OCP has mandated banks for a series of investor meetings for a 144A Reg S dollar bond.
