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Absa, FirstRand and Standard Bank were MLAs in first deal after private equity exit
The new issue premium was slim, thought observers
State-controlled company is seeking further financing after surge in jet fuel prices
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In this round-up, factory and services activity growth slows down in China, the securities regulator tweaks rules on exchange market corporate bond issuance, and the New York bourse moves ahead with delisting Chinese oil giant Cnooc on alleged military ties.
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HSBC has names Christina Cheah as head of global banking for Malaysia.
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Brazilian mining giant Vale said on Friday that it plans to prepay its €750m January 2023s as record iron ore prices allowed it to build cash levels greater than its gross debt.
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DBS Group Holdings has named a new Malaysia head and made a senior appointment in Singapore.
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Ghana has secured two loan agreements, which are backed by the export credit agency of Italy, Sace. There is more room for the ECA-backed market to grow in the region, sources close to the deal said.
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Mining giant Vedanta Resources was back in the debt market on Thursday with a $1.2bn trade, giving further comfort to investors that it has not abandoned its plans to clean up its corporate structure.
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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