Africa
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The company is one of the strongest pure African corporates, said a lead -
South Africa bank seeks to tap growing economic ties with China
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OCP and Sisecam dual tranche dollar deals fly, Kuwait International Bank sells AT1
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Deals are expected to go well, as investors have requested more of the paper
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The fuel supplier has earned multiple rating upgrades thanks to liability management exercises
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Tweaking the deal to meet IMF’s debt criteria may not take long
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Lack of progress on debt restructuring has been scaring investors away from EM bonds
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Bondholders take bigger upfront haircut in return for more lucrative VRI some say will punish Zambia
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Bondholders have pushed for variable rate instruments, but governments are reluctant
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The victorious opposition has already backtracked on some of its more worrying plans
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Development finance institution gains new lenders with oversubscribed loan increased to $1.6bn
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Yields on Egypt bonds have returned to the 10% area that can allow primary market access
