Senegal is likely to issue a $500 million 10-year Eurobond this year at an interest rate of about 6 percent, the International Monetary Fund said in a report on Tuesday, though market watchers said the yield might have to be higher. The IMF said the bond would enable the West […]
Tag: Eurobond
Exclusive – Ghana plans up to $1 billion Eurobond in 2013
Ghana plans a Eurobond worth up to $1 billion (655 million pounds) to refinance debt and fund infrastructure projects, its vice president said, adding to the list of developing countries tapping yield-hungry investors to bolster their economies. “We are looking at the best conditions including costs, and we will not […]
Nigeria’s First Bank plans $500 mln Eurobond in 2011
FBN Holdings Plc, the parent company of First Bank Nigeria, plans to raise $500m by selling a Eurobond this year after abandoning a similar offering last year. The Chief Executive Officer, FBN Holding, Mr. Bello Maccido, told Reuters that the money was needed to finance investments in loans and infrastructure. […]
