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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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.
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BNP Paribas declined the mandate for Thursday's Ethiopia bond for compliance reasons, according to three sources familiar with the situation.
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Two loans to African financials look imminent, said bankers on Thursday, with both Africa Finance Corporation in Nigeria and South Africa’s Standard Bank set to sign by next week.
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The CEEMEA and Latin America bond markets have made a slow start to December with no international bonds from either region yet printed. Instead all hopes rest on an African sovereign still on the road.
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African Development Bank has sold its first international South African rand syndication since 1999 and may issue again in the currency before the year is out, GlobalCapital understands.
