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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Egypt's Euroget de Invest failed to price its inaugural Eurobond on Wednesday despite widening price guidance to 12%.
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Anthony Julies will take over as the South African National Treasury’s head of asset and liability management before the end of the year.
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Votes are rolling in to decide this year’s winners of the GlobalCapital Syndicated Loans and Leveraged Finance Awards. There is still time to complete the poll, but the deadline is fast approaching.
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Egypt's Euroget de Invest, has widened price guidance to 12% yield for a $258m bond, proceeds of which will be used to build nine hospitals in Ghana. The deal is expected to be priced on Wednesday with books going subject at 10am in New York.
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Global Investment firm Franklin Templeton is making three Shariah compliant funds available to South African investors, in order to take advantage of the country’s growing appetite for Islamic investments, the company’s country manager for Africa told IFIS.
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Loans for Nigerian borrowers IHS Towers and Fidelity Bank are progressing well, said bankers this week. But while scheduled to close before the end of November, there is a strong chance they will run into December, loans officials conceded.