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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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Demand was near three times the size of the state-owned bank's deal -
Hungary took euros on Wednesday and showed investors have a taste for shorter paper
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Demand for a senior trade from Israel was high on Wednesday
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Epiphany holiday followed by deluge of euro issuance on busiest day ever as issuers go big and early — and with no end in sight
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Oil reforms are needed for debt repayment to restart, but will be difficult to accomplish
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Potential for record breaking January
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
