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
More articles/Ad
More articles/Ad
More articles
-
IHS Towers, the African mobile telecommunications infrastructure firm, has launched an $800m loan into the market. The deal, which has been in discussion for some time, comes as a number of African borrowers look to complete signings in the next week.
-
South Africa’s Standard Bank has signed a $700m three year term loan, while Nigeria headquartered Africa Finance Corporation looks set to close general syndication of its $300m deal by Friday.
-
IHS Towers, the African mobile telecommunications infrastructure firm, has launched an $800m loan into the market. The deal, which has been in discussion for some time, comes as a number of African borrowers look to complete signings in the next week.
-
While some parts of the loan and bond markets show signs of settling themselves for the end of year slowdown, African and leveraged loans business is instead picking up the pace with a number of deals closing and in the works.
-
BNP Paribas declined the mandate for Thursday's Ethiopia bond for compliance reasons, according to three sources familiar with the situation. The exact reason for the French bank's refusal is unclear, but emerging market bankers in London say it is unlikely to indicate more widespread caution over the bond business, writes Francesca Young.
-
The African Development Bank has returned to the offshore South African rand bond market after 15 years away and is looking to enter the currency’s onshore market, as its typical forms of funding in the region have dried up.