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Debut deal had club-style execution amid volatile markets and sector headwinds
Power purchase agreements and related revenue will back novel warehouse deal
Markets may not be shut for too long, and African sovereigns have managed debt well
Sovereign pays at least 25bp of concession but points to healthy demand after broader spread widening
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Gabon now has three years to get its house in order -
The country can now repay bonds due in June
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When Donald Trump contemplates his administration’s review of US involvement in multilateral development banks, there can be only one deal to make: the one he already has
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The company is believed to have added three institutions to its lending roster of relationship banks
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◆ Spreads quiver, then stabilise ◆ Rating agencies evaluate risks ◆ Capital increases to give early signs of US attitude
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The country has suffered liquidity problems
