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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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Kenyan loans are in focus this week for the African market, with three government owned companies looking to arrange deals.
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The deadline for proposal submissions on Ghana National Cocoa Board’s annual loan closed on Tuesday, with banks forming teams to compete for the deal.
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Narjess Aschi has been appointed Citi’s new head of financial institutions corporate banking for the Middle East and North Africa.
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As Nigeria head to the polls for tightly contested elections on Saturday, loans bankers said that a smooth conclusion should open the deal floodgates.
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Anglo American, the London-headquartered South African mining company, has issued a €600m five year bond.
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Kevin Latter has been appointed head of investment banking in South Africa at Bank of American Merrill Lynch.