04-06-2015 11:35 via news.yahoo.com

Africa's Afreximbank says to issue $500 mln bond by year-end

CAPE TOWN (Reuters) - Cairo-based African Export-Import Bank (Afreximbank) aims to tap international markets for a $500 million bond or Euro-syndication by December to fund infrastructure projects on the continent, its president said on Thursday. "I think the last quarter of the year, certainly we are going to be on the market," Jean-Louis Ekra, president and chairman of the board of directors told Reuters on the sidelines of the World Economic Forum Africa in Cape Town. ...
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