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
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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.
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Nigeria has named banks for a series of investor meetings in the US and Europe ahead of a potential bond deal. Its solid fiscal position and low debt ratios should ensure a second successful deal for the sovereign, said analysts.