Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The yield was ultra high but Congo had little room to manoeuvre
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
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
More articles/Ad
More articles/Ad
More articles
-
Afreximbank has tightened price guidance for a tap of its $500m 4.75% 2019s to 310bp-315bp over mid-swaps. A syndicate official away from the deal said that this equates to a 10-15bp premium over the pre-announcement trading level of the outstanding bond, which he called fair.
-
The CEEMEA bond market is packed full of new issues as a least nine new issuers are confirmed as being on the road marketing new deals.
-
Loans business is busy in several African countries, with two bank deals having been signed and a railway infrastructure financing package mandated. -
South African First Rand Bank has mandated Citi, Mitsubishi and Rand Merchant Bank to arrange a dollar Reg S bond.
-
Sappi, the Austrian-South African paper maker, is considering new debt issuance in the coming year, as it seeks to refinance part of its debt and cut interest rate costs.
-
Nigeria is set for a busy run of syndicated loans, with bankers saying there could be at least six deals before the end of the year and that two of those – for IHS and Helios Towers – could be up to $1bn each. But while loans officials are optimistic about African lending and Nigeria in particular, analysts suggested there could be a rush to beat the storm clouds gathering over the country’s economy in 2015.
