Lender caution following Zambia's debt repayment default in 2020 has weighed on African debt issuance, but successful raisings by high profile borrowers show that investor appetite remains resilient -
African loan and bond...more
11/16/2021
/ Africa ,
Borrowers ,
Capital Markets ,
Coronavirus/COVID-19 ,
Debt ,
Financial Markets ,
Investors ,
Lenders ,
South Africa ,
Stock Issuance ,
Sustainability
African loan and bond issuance fell by just under 10% in the first half of 2021, year-on-year, with lenders still jittery after Zambia missed a bond repayment in November 2020 to become the first African sovereign to default...more
9/3/2021
/ Africa ,
Bonds ,
Capital Markets ,
Coronavirus/COVID-19 ,
Debt ,
Financial Markets ,
Financial Services Industry ,
High Yield Bonds ,
Investors ,
Lenders ,
Leveraged Loans ,
Loans ,
South Africa ,
Stock Issuance ,
Zambia
Recent merger enforcement activities by the Egyptian Competition Authority ("ECA") raise warning signs for businesses operating in Egypt. The ECA has been turning to allegations of anticompetitive conduct to intervene in...more