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Daily Market Commentary: 22 November 2019

Today we are taking a look at: Neutral market reaction to dovish SARB, SAGB yields fractionally higher Local focus now shifts to the S&P announcement Oil pared its third weekly advance as investors monitor developments in the trade war The JSE and global markets trade lower as US-China trade concerns continue to weigh on sentiment [...]

By | 2019-11-22T11:04:33+02:00 November 22nd, 2019|Markets and Research|0 Comments

Africa Finance Corporation Closes US$140 million Kimchi Term Loan Facility

London, 20 November 2019: Africa Finance Corporation (“AFC,” the “Corporation” or the “Borrower”), Shinhan Bank London Branch and South Africa’s Nedbank Limited, London Branch (both the “Bookrunner and Mandated Lead Arrangers” or the “BMLAs”) are pleased to announce the successful closing of AFC’s inaugural US$140,000,000 Kimchi Term Loan Facility (“Facility”). The Facility is AFC’s first [...]

By | 2019-11-20T13:38:46+02:00 November 20th, 2019|Finance, General, Investment Banking|0 Comments