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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
Data
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Other currencies attractive from a pricing perspective versus the dollar
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German bond house adds to growing roster of primary dealerships
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Investors piled in orders more than four times trade’s size
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Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
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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