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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Ivory Coast paid a lower new issue premium than expected to re-open the sub-Saharan sovereign bond market this week, sparking debate on the implications for other African borrowers.
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IHS Holding, the Nigerian telecoms towers group, has closed an $800m or equivalent multi-draw term loan facility. -
IHS Holding, the Nigerian telecoms towers group, has confirmed it has closed an $800m or equivalent multi-draw term loan facility.
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Ivory Coast bagged over $4bn of orders for its new Eurobond on Tuesday, with investors taking comfort in the amortising structure which is becoming a feature of the African sovereign market.
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The Republic of Niger has signed an agreement with the Islamic Development of the Private Sector (ICD) to set up a CFA150bn ($259m) sukuk programme.
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Ivory Coast is marketing its new 12 year amortising note at 6.875%, a level that offers around a 37.5bp new issue premium.
