Top section
Top section
Tight price and strong book reported as market awaits geographic breakdown
More deals are expected later in the week
The new issue premium was, at most, 10bp
Data
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Energy company blamed the government for its default last year
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Development banks could issue hybrids up to a third of their equity
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Next deal could include targets on climate change adaptation or biodiversity
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Unlike some debt-for-nature issuing predecessors, Gabon's bonds were at far from distressed levels
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First deal of up to $1bn will show way to achieve 100% equity credit
Sub-sections
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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