South Africa
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Tier two printed flat to fair value, says lead -
Wide range of fair value proposed for South African corporate deal
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Banks, infrastructure, urban development and the energy transition all areas of focus
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Very little high-quality corporate issuance from South Africa has been available to investors
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Both companies will benefit from a gold price one banker called 'amazing'
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The gold price has jumped by 7.5% since it first unveiled plans to issue
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The country's ruling coalition may be about to fall apart
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Trump's 'Liberation Day' tariff announcements are due on Wednesday
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Emphatic demand allows pricing at top of range
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There was no clear reason why local banks were not picked, sources said, for first time in 17 years
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Local banks play a vital role for the country in both domestic and international capital markets
