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Company signed inaugural facility for $175m in 2024
Deutsche Bank runs process as country’s capital markets rehabilitation continues
Big hitters may have come to market but volumes are down
Demand peaked at $1.6bn, allowing Axian to reduce the yield by 50bp
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New issue premiums have risen in the European corporate market
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Markets may not be shut for too long, and African sovereigns have managed debt well
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The country's ruling coalition may be about to fall apart
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Rout of African bonds 'horrific', said one banker
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Africa and the Gulf will suffer most in a global recession, rather than from direct tariff pain
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Trump's 'Liberation Day' tariff announcements are due on Wednesday