A successful issue by the International Finance Corporation proves the rand can still attract interest. Edward Russell-Walling reports.
Latest articles from Issuer
Record rights issue in turbulent times
July 1, 2008Millennium BCP exceeded expectations with a $1.3bn rights issue in April despite a cooling market and tough regulation, writes Edward Russell-Walling.
Investors wowed by Georgian bond issue
June 2, 2008Edward Russell-Walling reports on how Georgia’s first ever issue on the international bond market was a resounding success.
Rush of orders in a tricky market
May 5, 2008A desire for liquidity drove Wolters Kluwer to issue a 10-year bond last month in an otherwise barren market. It was lapped up by investors.
National Grid bites the bullet
April 7, 2008The UK’s largest energy utility, National Grid Gas, tentatively reopened the sterling corporate bond market earlier this year, in the face of unfavourable conditions. Edward Russell-Walling reports.
Belgium stands out in syndication style
March 4, 2008Edward Russell-Walling reports on how Belgium kept its nerve despite increasing market instability.
Unlikely timing pays off for SEB
February 4, 2008Edward Russell-Walling reports on how SEB managed to sell €500m of hybrid capital securities in the midst of a market low-point.
Ghana shows pioneering spirit
December 1, 2007Ghana’s $750m 10-year Eurobond issue is another in a series of firsts from the republic and observers are hoping it heralds the blooming of Africa’s capital markets. Edward Russell-Walling reports.
RBS makes history
November 5, 2007Funding for RBS’ share of the ABN AMRO takeover has been secured with the largest ever Tier 1 capital securities issue. RBS director of capital management Ron Huggett talks to Edward Russell Walling.
NIB excites feeding frenzy
October 1, 2007Nordic Investment Bank is demonstrating that it is a quality AAA name with its search for funding diversity leading it to success in international pastures, and hungry bankers knocking on its door begging for short-term paper. Edward Russell-Walling reports.