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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Oromia International Bank has launched an Islamic (interest free) banking services business, the first of its kind in Ethopia. -
The Republic of Zambia has mandated two banks for its first syndicated loan since 1984.
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The Republic of Zambia has mandated two banks for its first syndicated loan since 1984.
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BRE Bank and African Bank both sold Swiss franc debt this week, heralding the return of triple-B credits to the currency after an absence of several months. BRE went first, making its debut in the Swiss franc market on Wednesday, appealing to retail investors and asset managers starved of high yielding paper.
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African Bank, the South African lender, sold its third ever Swiss franc bond on Thursday morning, pricing a small retail-focused deal at the tight end of guidance.
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Emerging markets loans bankers have shown just how divided they are this week, with the market split right down the middle about whether African national borrowers will succeed in the loan market according to the latest poll by EuroWeek Loans.
