Nigeria is likely to be included in JP Morgan’s Government Bond Index – Emerging Markets from October, potentially bringing up to $1bn into one of Africa’s most developed debt markets, the bank said on Wednesday. The inclusion of the continent’s top crude oil producer, which will become the second African […]
Tag: Bond Market
Nestle in talks for €7bn acquisition loan
Nestle, the world’s biggest food group, has been talking to banks about raising a new €7bn ($8.7bn) syndicated loan to help fund its $11.85bn takeover of Pfizer Nutrition, banking sources said on Thursday. Reuters reported that Nestle said in late April the acquisition would be fully debt-financed through internal cash […]
