Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Even if ceasefire succeeds, investors will still want a risk premium
Demand allowed the bank to cut the yield by 35bp
The country offers huge potential and possible pitfalls for investors
A piece of very rare African senior bank issuance could also come this week
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Standard Chartered plans to offer Islamic banking services in Kenya, under its Saadiq brand.
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Shoreline Natural Resources, a joint venture between the UK’s Heritage Oil and Nigeria’s Shoreline Power Co, has refinanced a bridge facility with a $500m syndicated loan.
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Syndicate bankers' eyes are turning to Africa where four sovereigns are lining up deals. Nigeria is primed for launch, Ghana is expected in July and Kenya and Senegal have set sizes on their prospective sovereign bonds, bankers said.
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Nigeria, Africa’s most populated country, is set to launch its first ever sukuk.
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The Islamic Development Bank (IsDB) has signed a $300m Shariah-compliant financing for Egypt.
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Nigeria met investors in Europe this week ahead of a potential bond deal and will visit US buyers from Monday. Its solid fiscal position and low debt ratios should ensure a second successful deal for the sovereign, said analysts.