Africa
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There was no clear reason why local banks were not picked, sources said, for first time in 17 years -
Local banks play a vital role for the country in both domestic and international capital markets
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Second African telecom tower owner to issue bond this year
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New issue premium estimates ranged from 'minimal' to 35bp
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For the first time in 17 years, no South African banks are involved in an overseas sovereign trade
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Central African country plans to pay with local currency
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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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Market participants are invited to give their views on the outlook and for CEEMEA in 2025
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About 30% of the deal expected to go abroad as other EM discount retailers will serve as comps
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Books were nearly double the $300m deal size
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It has been nearly three years since last corporate bond debut on the continent
