Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
EM debt investors had largely expected a debt treatment would be required
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
More articles/Ad
More articles/Ad
More articles
-
Nigerian industrial conglomerate Dangote Industries signed the $3.3bn first tranche of a $6bn loan facility on Wednesday. This tranche is more than double the size of the previous record loan for a sub-Saharan African borrower, according to Dealogic. -
The Islamic Development Bank (IsDB) has signed a set of loan agreements worth $747m to fund development projects in several member countries and to Muslim communities in non-member countries.
-
Angola's state run oil firm Sonangol is due to sign its $2.5bn five year loan this week.
-
Three Egyptian banks are set to complete Egypt’s largest Shariah-compliant financing facility to the Egyptian Steel Company for E£1.7bn ($243m).
-
HSBC has promoted Mustafa Aziz Ata to the newly created position head of debt capital markets for the Middle East and North Africa.
-
After months of unprecedented local currency bond fund inflows courtesy of international investors, that market is now under pressure amid rising US Treasury rates and a sudden aversion to EM risk. These markets will not be dampened by foreign fiscal policy forever though, and when rates settle and stability returns some sovereigns will be far better placed to draw cautious buyers back into their local markets.
