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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Nigeria's booming syndicated loan market shows no sign of slowing down with oil exploration and production company Oando Energy Resources and a trio of financial institutions moving forward with their borrowing plans.
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A trio of Nigerian banks have moved forward in their plans to borrow through the syndicated loan market, with Africa Finance Corp already selecting its lead banks and Zenith Bank due to mandate imminently.
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Nigeria's booming syndicated loan market shows no sign of abating after oil exploration and production company Oando Energy Resources received commitment letters from banks for up to $815m of acquisition loans.
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Senegal plans to bring a XOF100bn ($200m) debut sukuk programme next year.
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Standard & Poor’s Dow Jones Indices has launched a Middle East North Africa bond and sukuk index. The index will comprise two sub-indices – the S&P MENA Bond Index and the S&P MENA Sukuk Index.
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The general syndicate stage for South African pharma, Aspen's $2bn M&A facility is due to sign by the end of this month.