Prospect News: News for African Bank Ltd.

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Prospect News home > Main news index > All issuers starting with A > Issuers starting with A, EM only > All stories on African Bank Ltd. > Stories on African Bank Ltd., EM only

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Market: BK = Bank loans, CV = Convertibles, DD = Distressed Debt, EM = Emerging Markets, HY = High Yield, IG = Investment Grade, LM = Liability Management, MU = Municipals, PP = PIPEs, PF = Preferreds, PV = Private Placements, SP = Structured Products
Recent items, highlighted in orange, are $4.00 each. All others are $1.00 each. Headlines in gray are not currently covered by your subscription.

African Bank Ltd.

11/26/2019	EM	S&P: view on South African banks negative
4/19/2017	EM	S&P changes African Bank view to stable
9/14/2016	EMLM	South Africa’s African Bank buys $71.92 million of two note series
9/6/2016	EMLM	African Bank repurchases 27.4% of 8 1/8% notes, 20.5% of 6% notes
7/14/2016	EMLM	African Bank buys all CHF 203.27 million, $69.44 million note tenders
7/1/2016	EMLM	African Bank begins any-and-all tender for five notes, capped offer
4/1/2016	DDEM	Curator: African Bank restructuring complete after approvals received
3/2/2016	DDEM	Curator: African Bank restructuring proposal receives creditor support
3/1/2016	DDEM	African Bank exchange proposal unanimously OK’d by voting noteholders
2/24/2016	DDEM	African Bank exchange offer requires minimum $200,000 notes holding
2/4/2016	DDEM	African Bank curator offers to exchange claims for ‘good bank’ debt
10/23/2015	DDEM	African Bank delays setting up ‘good bank’; comment period stays open
10/7/2015	DDEM	African Bank will not make payments due on Oct. 9 bond maturity date
3/3/2015	DDEM	African Bank affected parties to receive restructuring details in May
12/10/2014	DDEM	African Bank debtholders to receive exchange option in restructuring
11/25/2014	DDEM	Moody’s extends African Bank review
10/3/2014	BKCVDDEMHY	Prospect News reports two new defaults for Sept. 25 through Oct. 1
9/26/2014	DDEM	African Bank in curatorship for restructuring; debt payments suspended
8/12/2014	DDEM	Moody's downgrades African Bank
5/29/2014	EM	Moody's downgrades African Bank
2/10/2014	EM	New Issue: South Africa's African Bank sells CHF 165 million notes due 2018 at par to yield 5%
2/10/2014	EM	Market Commentary: B Communications, Agile Property, Beijing Capital, Nostrum, African Bank tap primary
9/30/2013	EM	New Issue: South Africa's African Bank prices CHF 105 million 51/2% four-year notes at par
9/30/2013	EM	Market Commentary: U.S. government shutdown looms, widening spreads; Barbados, Ras al Khaimah, line up issues
9/20/2013	EM	New Issue: South Africa's African Bank sells ZAR 1 billion floating-rate bonds in two tranches
7/3/2013	EM	Moody's: African Bank view negative
3/25/2013	EM	New Issue: African Bank issues ZAR 1.2 billion tap, ZAR 800 million of new three-year floaters
3/4/2013	EM	Moody's cuts African Bank
2/19/2013	EM	New Issue: South Africa's African Bank issues ZAR 1.05 billion floating-rate notes in two parts
2/19/2013	EM	Market Commentary: Singapore-based Raffles does local-currency deal; spreads widen; buyers emerge for EM
2/11/2013	EM	Market Commentary: Russia's NLMK prices on quieter session for EM; ADCB, RenCredit, Bank of India deals ahead
2/8/2013	EM	Market Commentary: UAE's Millennium Offshore sells bonds; spreads widen, inflows decline; African Bank delays
2/8/2013	EM	South Africa's African Bank postpones $300 million note offering
2/7/2013	EM	African Bank talks $300 million five-year notes at 6 3/8% area
2/7/2013	EM	Market Commentary: Chile's Banco de Credito and Guatemala sell notes; recent Russian issues trade up
1/30/2013	EM	South Africa's African Bank plans roadshow for dollar notes
1/30/2013	EM	Market Commentary: EM investors sell as Gazprom, Petron, MIE, New World China, Huaneng Power print new deals
11/8/2012	EM	New Issue: African Bank prices CHF 125 million 4% notes due 2016 at par
10/9/2012	EM	New Issue: South Africa's African Bank sells ZAR 900 million floating-rate notes in two parts
7/23/2012	EM	Market Commentary: African Bank sells bonds; issuers from China get busy; Russia's VTB Bank picks bookrunners
7/23/2012	EM	New Issue: African Bank issues CHF 150 million 43/4% three-year Swiss bonds
3/9/2012	EM	African Bank to go ahead with private placement of preference shares
2/28/2012	EM	New Issue: African Bank adds on $50 million to 6% bonds at mid-swaps plus 649 bps
2/28/2012	EM	Market Commentary: Romania, African Bank price add-ons; Afren prepares up to $350 million note offering
2/24/2012	EM	South Africa's African Bank increases note program to ZAR 25 billion
2/21/2012	EM	Market Commentary: DBS Bank, Swire Pacific price; Afren, Emirates NBD set roadshows; African Bank launches
2/21/2012	EM	South Africa's African Bank launches $350 million five-year notes with 8 1/8% yield
7/1/2011	EM	Market Commentary: EM risk appetite solid after Greece vote, but volumes, issuance muted ahead of holiday
6/27/2011	EM	Market Commentary: Volumes light, issuance nil as markets await Greece vote; Bank of Moscow takes a beating
6/16/2011	EM	Market Commentary: KOKS prints notes as Greece's troubles take toll on EM; Dubai deal deemed a 'failure'
6/10/2011	EM	New Issue: African Bank sells $300 million 6% five-year notes at 425 bps over mid-swaps
6/10/2011	EM	Market Commentary: African Bank, PKO, Ukraine sell bonds; risk aversion rises, but EM paper gets absorbed
6/9/2011	EM	Market Commentary: SB Capital, Latvia print notes during weaker, cautious session; Ukraine, Romania ahead
6/8/2011	EM	South Africa's African Bank plans $300 million five-year notes
6/8/2011	EM	Market Commentary: African Bank, Essar advance deals as Greece, Bernanke hurt risk appetite; spreads widen
6/6/2011	EM	Market Commentary: Peru, Africa active on quiet day for EM; African Bank, KOKS Group note offerings ahead
6/6/2011	EM	South Africa's African Bank plans roadshow with four bookrunners
5/31/2011	EM	Market Commentary: Greece concerns recede, EM assets rally; Emirates readies deal; Middle Eastern names trade up
5/31/2011	EMIG	Moody's rates African Bank notes Baa2, Baa3

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