News
29 October 2024

EAAIF anchors Africell bond debut

In:
Telecoms and Communications
Region:
Middle East & Africa

Emerging Africa & Asia Infrastructure Fund (EAAIF) has invested $28 million as sole impact investor in an oversubscribed $300 million maiden bond issue by Africell.The five-year high yield bonds were issued with a coupon of 10.5% via bookrunners Citigroup, JP Morgan, Standard Chartered Bank....

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