Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Observers have questioned why the country is issuing debt at this price
The seven year dollar bond's yield will likely be one of the highest in CEEMEA in the last few years
The familiar problem of inter-creditor opacity has also reappeared
Company in 'no doubt' a public trade would have delivered better pricing
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Virgin Active, the UK gyms business part-owned by CVC Capital Partners, is reportedly considering an IPO in Johannesburg that could value it at up to £1.5bn.
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Hashi Energy, a Kenyan oil products distributor, has approached banks as it looks to raise a $140m loan.
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African borrowers have been busy in the loan market over the winter break, with Nigeria’s First City Monument Bank (FCMB) signing term loans and Stanbic Uganda rumoured to be coming to market. Meanwhile, IHS Towers is due to begin a roadshow for its loan and Zenith Bank of Nigeria has revealed the allocations of its recent $300m deal.
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Hashi Energy, a Kenyan oil products distributor, has approached banks as it looks to raise a $140m loan.
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Virgin Active, the UK gyms business part-owned by CVC Capital Partners, is reportedly considering an IPO in Johannesburg that could value it at up to £1.5bn.
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Sasol, the South African energy and chemicals company, has signed a $1.5bn loan with banks after increasing the oversubscribed deal from its original $1bn.