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At London investor day, supranational reveals deals and plans for new funding and investments, including fully African project financing
The company is the only corporate issuer in North Africa, making it popular for investors
The company should benefit from a rise in fertiliser prices due to the Iran war
Nigeria plans a total return swap, following peers on the continent in the last 12 months
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Company in 'no doubt' a public trade would have delivered better pricing
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As with other private placements from Africa, observers have questioned the merits of the format
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Benin reaped the rewards of its sukuk debut last week, and will do so for years to come
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Speed possible in the private placement market proves attractive, even if the issuer may pay a bit more for it
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Gulf investors 'will now look at every deal', whether sukuk or not
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Demand from the Middle East for the sukuk was steady