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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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.
