South Africa
-
Many of the region’s states that have market access feel little need to issue new bonds
-
Previous country head Richard Gush relocates to London
-
South African bank secures “good pricing” and adds new lender in third 2023 term loan
-
South African bank is responding greater demand amid volatile markets
-
Securing a deal similar to Eskom's debt relief would cheer investors, said one banker
-
South Africa’s Sasol revealed investors’ eagerness this week, but yields are making issuers’ eyes water
-
A solid order book showed corporate investors will buy but other issuers may not fancy paying a coupon near 9%
-
South African bank paid slightly wider margin than last year
-
The company's coal usage will preclude some investors but many will prefer to engage than not
-
Primary market is opening up to a wider range of credits
-
The South African retail conglomerate is seeking capital to reduce its leverage
-
More CEE sovereigns are preparing to issue new bonds but African issuers may need to wait
-
Lack of outstanding bonds from the South African utility may encourage 'huge' indications of interest
-
The petrochemicals company’s shares fell after it announced it will sell a $750m convertible
-
The telecoms firm has cut international debt to 35% of total
-
UK bank sells remaining 7.4% stake in overnight block
-
Lancaster 101 sold a $370m stake in a narrow window between the bank holiday on Monday and Wednesday's US Federal Reserve meeting
-
Barclays cuts stake in South African bank for the first time since 2017
-
The sovereign secured a cheap price on its 30 year tranche, said one investor
-
South Africa brings long awaited dollar offering as Croatia mandates banks
-
DCM boss targets green bonds as growth market for Africa issuers
-
Deal will pay investors extra if conservation projects succeed
-
Senior banker will be Africa's only female general manager
-
New head of Africa banking for Barclays comes from Standard Bank in Johannesburg
-
Investors are looking forward to a bond from South Africa, after an almost two year hiatus, following a global investor call on Friday
-
South Africa, historically one of the continent’s most favoured issuers, has come under intense investor scrutiny as it faces a wave of domestic unrest.
-
Simon Denny, whom Barclays hired as head of banking for South Africa in 2019, is no longer with the firm.
-
The London branch of South African lender Investec has successfully debuted in the sustainability-linked syndicated loan market.
-
South African bank Investec is inviting Asian lenders to join a $450m sustainability-linked loan that is being syndicated globally.
-
Two emerging market bank issuers, Emirates NBD Bank and Absa Group, launched additional tier one bonds on Thursday, as the popularity of the bank capital tool grows.
-
Two emerging market bank issuers, Emirates NBD Bank and Absa Group, launched additional tier one bonds on Thursday, as the popularity of the bank capital tool grows.
-
South African lender Absa has mandated banks for an additional tier one dollar offering. Absa is the latest domestic bank to enter international debt markets despite the absence of the sovereign.
-
South African investment company Remgro has reduced its stake in FirstRand, one of the country’s largest financial services groups, via an accelerated bookbuild.
-
South African lender Investec has secured a syndicated loan facility, with a consortium of 29 international banks. Bank borrowers are continuing to lean on their relationship lenders in South Africa, though the environment in the country remains challenging.
-
South Africa is set to come to the market for a dollar bond, despite rising US Treasury yields unsettling bond investors. High yielding emerging markets borrowers are insulated from the volatility in the US govvie market for now, market participants said.
-
Investec Bank plc, the London and Johannesburg-listed subsidiary of South African banking group Investec, came to the euro bond market on Wednesday to raise debt.