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In an age of abundant information and opinion, where much of it is wrong, smart investment bankers can still be valuable to clients by embracing the complexity
The subordinated debt premium was smaller than that offered by some other EM hybrid issuers
At London investor day, supranational reveals deals and plans for new funding and investments, including fully African project financing
Data
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Orders peaked at over three times the issue size
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New download of Global Emerging Markets Risk Database is most detailed ever
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Secondary trading has been weaker in the last two weeks, but investors are still keen on issuance
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Falling oil prices and lower production are hurting Angola's weak public finances
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The wealth fund hopes to secure a funding arbitrage compared to dollars
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Latest Gulf bank to hire big name from London
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