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Home World Africa

Africa Finance Corporation Returns to Global Debt Capital Markets with Oversubscribed Five-Year US$500m Eurobond

2 October 2024
in Africa
Africa Finance Corporation Returns to Global Debt Capital Markets with Oversubscribed Five-Year US0m Eurobond
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Africa Finance Corporation (AFC) announced a successful issuance of a US$500 million 144A/Reg S Eurobond with a 5.55% coupon rate. The benchmark five-year Note was priced inside the Corporation’s outstanding yield curve, achieving the tightest T-spread ever on a 5-year US dollar bond. This return to the global debt capital markets reaffirms AFC’s position as the leading infrastructure solutions provider in Africa.

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Tags: AfricaCapitalCorporationDebtEurobondfinancefiveyearglobalMarketsOversubscribedReturnsUS500M
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