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
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South African gold miner Anglogold Ashanti has negotiated a relaxation of terms for the debt to Ebitda covenant on its revolving credit facilities, as the firm deals with a depressed gold price that could lead to writedowns of up to $2.6bn.
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South African gold miner Anglogold Ashanti has negotiated a relaxation of terms for the debt to Ebitda covenant on both of its existing revolving credit facilities, as the firm deals with a depressed gold price that could lead to write downs of up to $2.6bn.
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Al-Wifak is pushing ahead with plans to become Tunisia’s fourth Islamic bank, despite these plans facing a number of political, regulatory and economic hurdles.
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Banks committing to the senior stage of South African pharmaceutical firm Aspen’s $2bn new money loan will receive their allocations on Thursday.
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Islamic finance will remain part of Egypt’s economic landscape, according to the country’s finance minister Ahmed Galal.