Africa Finance Corporation Issues $500 Million 7 Year Eurobond
Apr11

Africa Finance Corporation Issues $500 Million 7 Year Eurobond

Africa Finance Corporation  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 interest, with an order book of US$2.4 billion, representing about 5 times over-subscription from 231 investors across the Middle East, Asia, the United Kingdom, Europe and the United States. Prior to the launch...

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