Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The country is unlikely to issue new dollar bonds in the near future despite a big rally in yields
Underwriting left unused after deal is 33% oversubscribed
Simbah Mutasa and Sjoerd Van Hooijdonk step up from regional leadership roles
New government is seeking an IMF deal, which will likely require a debt rework
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More articles
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Investors are bemoaning proposed amendments to South Africa’s Banks Act, which grant regulators the power to amend a bank’s capital structure.
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Standard Bank — Bulgaria
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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.
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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.
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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.
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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.