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The bank tightened a little more than a UAE peer did on Tuesday
The euro tranche is a refi of a bond maturing later in September
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
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Shandong Iron & Steel Group Co has made its annual return to the bond market, grabbing $500m thanks to support from foreign fund managers.
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Two DCM bankers in Deutsche Bank’s CEEMEA team have had their roles cut by the bank, including a managing director who joined only last year.
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Saudi Real Estate Refinance Company (SRC), a provider of mortgage financing in Saudi Arabia, is planning to issue its second sukuk of the year and may carry out a securitization, chief executive Fabrice Susini told GlobalCapital.
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Moody’s upgraded the Central American Bank for Economic Integration (Cabei) from A1 to Aa3 on Wednesday, paving the way for the multilateral lender to approach traditional dollar SSA investors.
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Minera México, the largest subsidiary of Southern Copper Corporation, priced flat or inside its parent company’s curve on Thursday as investor appetite for Mexican credit shows no sign of easing.
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The African Export-Import Bank sold its $750m 10 year bond on Tuesday from a book of around $3.35bn, with recent low supply from African issuers having helped drive demand for the deal.
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa