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
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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.
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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.
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Kosmos Energy found decent demand for a tap of its debut bond deal this week, despite being an EM flavoured oil credit.