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Treasury issues two new bonds in international markets

R3bn was raised in the UK, continental Europe, Asia, SA and elsewhere in Africa, and the credit spreads of South African paper have fallen’: Terry Msomi of Treasury and Harris Hadjitheoris of RMB. ....

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RMB assists Ghana to issue Africa's largest Eurobond - Truth, for its own sake.


RMB assists Ghana to issue Africa’s largest Eurobond
2021-04-12 
In Africa’s largest Eurobond issuance since the onset of the Covid-19 pandemic, Rand Merchant Bank (RMB), the corporate and investment banking arm of FirstRand Bank Limited, acted as joint lead manager and joint bookrunner (JLM), alongside other transaction parties, in the Republic of Ghana’s four-tranche Eurobond. RMB also acted as dealer manager on Ghana’s tender offer on its 2023 maturity Eurobonds. RMB is proud to have assisted Ghana to issue a new money Zero coupon senior unsecured Eurobond, the first of its kind by an emerging market (EM) sovereign.  ....

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