Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
New agreement not a done deal, but this is the furthest Ethiopia has got to in restructuring its bonds
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
More articles/Ad
More articles/Ad
More articles
-
The International Islamic Liquidity Management Corp will this month issue $490m of sukuk commercial paper — the first of its kind in the Islamic market — after more than 2-1/2 years of work on the project. -
Eskom drew $4bn in orders for its $1bn 10 year bond on Tuesday, although analysts argued the issuer was generous with its pricing.
-
First Bank of Nigeria is aiming to price its tier two dollar bond on Wednesday afternoon and already has enough orders for a benchmark print, said bankers working on the deal.
-
Banque Centrale de Tunisie, the central bank of Tunisia, priced a 10 year Samurai bond on Wednesday guaranteed by the Japan Bank for International Cooperation. The size fell short and the pricing wide of the issuer’s last Samurai deal, though bankers involved with the trade said the result was positive given the instability in North Africa throughout 2013. The deal followed Mexico’s own triple-tranche Samurai deal, which was priced on Tuesday.
-
How typical of big M&A deals — you wait all year and then several come along at once. But loans bankers are split as to whether this is the beginning of a wave of new money deals or just a welcome break from a sea of refinancings, according to the latest poll by EuroWeek Loans.
-
South Africa’s biggest electricity provider Eskom opened books on a 10 year dollar deal on Tuesday. Initial price thoughts offered a generous concession over the company’s outstanding bonds and those of the sovereign, but debt bankers were not surprised at the high starting point.
