Top section
Top section
African mobile payment provider prepares to list, seeking large valuation
Deep breath for market as more guidance, more mandates appear
Secondary market selling of private bonds may be wreaking havoc with the primary market for public debt but the trades were still the right thing to do
Data
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Demand peaked at six times the deal size, but many orders dropped out
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The Ukrainian company's January deal performed well on secondary
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◆ Deal was priced tighter than the issuer's previous covereds ◆ Banker said spread tightening 'speaks for itself' ◆ Second banker put spread through FV
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The sovereign may soon receive a rating upgrade, following an outlook change by Fitch
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The familiar problem of inter-creditor opacity has also reappeared
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Investment banking travel was a relentless grind, not gold card access to global glamour
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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