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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Egypt’s revolution this week was remarkable for the speed with which mass rallies brought the ousting of the country’s first democratically elected president and the immediate surge of Egyptian bonds and stocks that followed.
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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.