North Africa
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Africa’s first covered bonds could appear in the coming months
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A wide spectrum of borrowers eyeing primary market after weeks of pause
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The company is offering investors about 40bp of concession at initial price talk, said a lead
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New issue premiums have risen in the European corporate market
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A banker away from the Kazakhstani bank's deal expected it to go well
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The country has a 'big following' from investors
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Three high yield trades on Tuesday drew healthy demand
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Not long ago five year bonds yielded over 20% and investors were worried about debt distress
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Moroccan investor to sell 11.3% of bank in fully marketed offering, after replacing Crédit Agricole as majority shareholder
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Borrower signs seven year deal to refinance short term maturities
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CIH Bank’s share price has risen throughout the five-week subscription period on non-underwritten deal
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The government has scraped together enough funding to get by, but some analysts still see chance of ‘messy’ crisis