Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
ECA-backed deal comes after AFC raises $2bn to fund infrastructure development
Five year bond set to be priced much tighter than the development bank's last senior issue
Investors were eager to tender their bonds despite initial resistance
Inclusion of a variable rate instrument was not acceptable to official creditors
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More articles
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Sonangol, the Angolan state oil company, is near to closing a $1.5bn loan. -
A decision in Nigeria to postpone the country’s general elections for six weeks due to the army’s increased fighting with Boko Haram has added to reasons not to bring bond or loan deals to market, with some bankers calling it a six week setback in the pipeline. But Nigerian telecom towers group IHS could still close its $800m loan this week, said bankers involved in the deal.
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South Africa’s Investec Bank closed a $400m three year loan last Friday, after increasing the size of the deal from an initial $300m on oversubscription.
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The Republic of Cameroon has picked Société Générale and Standard Chartered Bank to arrange a bond, which looks likely to be up to $1.5bn. The bond would be Cameroon’s debut.
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South Africa is turning its attention to the domestic sukuk market following its international debut last year, the head of the country’s debt issuance department told GlobalCapital Emerging Markets.
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South Africa is turning its attention to the domestic sukuk market following its international debut last year, the head of the country’s debt issuance department told IFIS.
