Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Even if ceasefire succeeds, investors will still want a risk premium
Demand allowed the bank to cut the yield by 35bp
The country offers huge potential and possible pitfalls for investors
A piece of very rare African senior bank issuance could also come this week
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The global sukuk market is set to resume growth in 2014 after a mixed 2013 and should exceed $100bn for the third year running, said Standard & Poor’s on Tuesday.
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The Islamic Development Bank (IsDB) has approved $705m of facilities for infrastructure and human development projects in its latest round of financing for member countries. -
Nigeria's Oando Energy has signed loans to part-finance its $1.63bn acquisition of ConocoPhillips' upstream oil and gas business in Nigeria.
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Oil products company Puma Energy priced its debut high yield bond in line with guidance on Tuesday, relying on broad appeal to a varied investor base to overcome the sell-off in emerging market credits.
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Oando, Nigeria's largest publicly quoted oil and gas firm, is seeking shareholder approval for a capital raise of up to N250bn ($1.52bn). Last year, the company struggled through a deal a fifth of the size.
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The Islamic Development Bank (IsDB) has signed an Mr1.8bn ($220m) financing facility with Morocco for drinking water supply projects in Agadir and Chtouka Ait Baha, and the olive sector for small farmers.
