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Hunt is on for ready issuers after bond prices recover
Senegal bonds are trading at distressed levels and there is a risk of restructuring
UK and South Africa firms to collaborate on equity research, trading and advisory
Company signed inaugural facility for $175m in 2024
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South Africa, historically one of the continent’s most favoured issuers, has come under intense investor scrutiny as it faces a wave of domestic unrest.
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The Republic of Benin plans to be the first sub-Saharan African sovereign to tap the international bond market twice in 2021. The sovereign this week intends to sell a bond with a sustainability feature, making it one of the first in the region.
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Simon Denny, whom Barclays hired as head of banking for South Africa in 2019, is no longer with the firm.
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As the debate over emerging market debt restructuring rages on, market participants have expressed their frustration at the lack of clarity over the outcomes.
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The London branch of South African lender Investec has successfully debuted in the sustainability-linked syndicated loan market.
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