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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The Kingdom of Morocco is aiming to put a flourish to the end of this week’s CEEMEA bond issuance, reports GlobalCapital, with initial price thoughts out for a 10 year euro deal. It opened books on Friday morning and aims to price the bond this afternoon.
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South African healthcare firm Mediclinic raised R3.2bn ($296m) through a sale of new shares on Wednesday night that will help the firm expand into new countries.
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State-owned Kenya Pipeline Co has mandated a consortium of six banks to arrange a $350m 10 year loan.
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Africa's rising fortunes have brought improving growth and saw a near doubling of sovereign bond issuance out of the continent last year to $11bn. Sukuk is much less developed but shows promise as countries' interest in Islamic finance develops and funding diversifies
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More than a year and a half after first approaching the international loan market for its debut deal, Nigeria's United Bank for Africa has mandated lenders for a $225m loan.
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US private equity firm KKR has invested $200m in Afriflora, an Ethiopian flower producer, as it seeks to establish roots in Africa’s fast-growing economy.