Africa Loans
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Company said the deal helps reduce overall financing costs -
The bank’s initial target was $100m
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Borrower signs seven year deal to refinance short term maturities
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◆ Why benchmark issuance has resumed earlier than usual ◆ What lies ahead for capital markets ◆ African issuers switch out of loans to bonds
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Optimism on rates leads bankers to expect corporates and banks will return to bonds
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Ghanaian cocoa firm has raised a syndicated loan every year for 30 years
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Development finance institution gains new lenders with oversubscribed loan increased to $1.6bn
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Pair of loans with support from Bpifrance, AfDB and IsDB offer two ways to raise capital
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South Africa's leading bank signals strong commitment to ESG
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Japanese investors are keen on investment grade rated African debt
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Bankers look for deals to restart market once interest rates have peaked
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African development finance institution finds loans cheaper at the moment
