Africa
-
African governments will consider this weekend setting up mutual support mechanism
-
Gabon now has three years to get its house in order
-
The country can now repay bonds due in June
-
The country has suffered liquidity problems
-
Boad's hybrid has a maturity date, unlike those from AfDB and AFC
-
The development bank had to pause plans for the original trade in 2022
-
Three high yield trades on Tuesday drew healthy demand
-
Not long ago five year bonds yielded over 20% and investors were worried about debt distress
-
Some have questioned why the issuer is running a tender for 2032 bonds alongside its new issue
-
Although DRC exposure a challenge for some, copper is popular sector and ‘bellwether’ EM buyers are in book
-
High yield from an issuer with major oil and gas players as shareholders attracts investors
-
Hybrid capital issuance in emerging markets is picking up after a quiet few years