April 12, 2017/AFC Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond. The senior, unsecured Eurobond which carries a coupon of 3.875% was priced to yield 4.000% and matures in April 2024. The Eurobond received strong global […]
Investors Bite
Restructuring Of REITs and Closed End Funds Listed on NSE
April 11, 2017/NSE The Nigerian Stock Exchange (“The Exchange” or “NSE”) is pleased to notify the market about its proposed changes to the framework regarding the trading of Real Estate Investment Trusts (REITs); and Closed End Funds listed on The Exchange. The proposed changes, which will be implemented over the […]
Dangote Sugar Refinery Plc: Update After Speaking with Management
April 11, 2017/Cordros Research Click here to read full report The management of Dangote Sugar Refinery Plc (DANGSUGAR) hosted earnings call with analysts last week to discuss the company’s performance in 2016, update on recent developments, and provide guidance for 2017. Our key takeaways are presented in this report. We […]
