Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Undisclosed institutional shareholder sells stake in Wednesday evening ABB
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
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First City Monument Bank (FCMB) is the latest Nigerian financial to lay down plans for a debut bond deal. But bankers on earlier Nigerian transactions have warned that international investors are interested only in the top tier banks, and First City's comparatively small size and exposure to Nigeria's retail market could make things difficult for an inaugural issue. -
Dubai Islamic Bank plans to expand into various new markets including servicing non-Islamic clients, according to its chief executive officer Adnan Chilwan.
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Morocco delivered a surprise on Wednesday as its parliament’s lower house suddenly passed the country’s much delayed Islamic banking law – only a week after a senior official told IFIS the bill may not be ready until October.
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South African financial services group Alexander Forbes is relisting on the Johannesburg Stock Exchange, seven years after it was taken private through a leveraged buyout.
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The Islamic Development Bank (IsDB) has approved financing facilities for various projects in member and non-member countries worth $447m, as the multilateral organisation celebrates its 40th anniversary.
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The Republic of Kenya ploughed ahead with a dual tranche debut Eurobond on Monday despite terrorist attacks in coastal Mpeketoni on Sunday and Monday nights. But investors still flocked to place over $8bn in orders, allowing Kenya to price a colossal $2bn for its inaugural offering.
