Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The trade, like previous yen issuance, carries a guarantee
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
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Bailed out Portuguese lender Banco Espírito Santo has been hit with fresh bad news, as Angolan authorities announced they would no longer guarantee the loan book of BES’s subsidiary in the country. Meanwhile, buyers of credit default swaps (CDS) on BES’s sub paper are expected to be told that the protection contracts are worthless due to the nature of the breakup of the bank. -
South Africa’s Standard Bank is in the market with a $375m three year loan as it looks to refinance debt in smaller size and tighter levels.
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South African furniture retailer Steinhoff International has completed an R18.2bn capital raise, issuing 350m new shares as it repatriates capital ahead of its planned Frankfurt listing.
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New Europe Property Investments (NEPI), an eastern European focused property company, increased the size of its accelerated book build on Monday after the deal was significantly oversubscribed.
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BMW Finance is set to return to the South African auto loan securitization shelf it set up with Standard Bank in 2011 after having a dual tranche transaction rated by Moody’s.
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New Europe Property Investments (NEPI), an eastern European focused property company, hopes to raise around R1.14bn ($106.7m) from the issuance of new shares onto the Johannesburg Stock Exchange in an accelerated book build on Monday.
