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
More articles/Ad
More articles/Ad
More articles
-
Nigeria is reopening outstanding Naira bonds and has picked banks for a roadshow starting on July 21. -
Luxembourg’s KBL Bankers returned as a primary dealer for the International Islamic Liquidity Management Corp’s seventh sukuk, as the company reissued its rolling $860m of three-month commercial paper on Thursday.
-
The South African sovereign and First Bank of Nigeria opted to open books on Thursday despite coinciding with a wide scale sell-off in Russian risk. Both issuers priced successful deals on the same day, although debt bankers away from the South African bond wondered whether the sovereign should have postponed it.
-
Cote d'Ivoire took another step on the road to recovery with a hugely successful $750m 10 year bond this week. Investors, analysts and syndicate officials all had their own ideas on pricing. But in the end the leads priced the deal some 50bp tighter than most investors had asked for and still watched the bond trade up in the secondary market.
-
Ghana's national cocoa board, Cocobod, was receiving interest from banks new to its lending group as the response deadline of Friday neared for its $1.6bn annual pre-export finance facility.
-
Ivory Coast’s new $750m 10 year bond was up 40 cents in the secondary market on Thursday, despite being priced with a yield that was 50bp tighter than most investors had asked for, said debt bankers involved.
