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Published on 5/10/2021 in the Prospect News Emerging Markets Daily.

African Export-Import Bank talks five-year notes at Treasuries plus 220 bps area

By Cristal Cody

Chicago, May 10 – African Export-Import Bank (Afreximbank) launched an offering of notes due May 15, 2026 with talk in the Treasuries plus 220 basis points area, a market source noted on Monday morning.

Commerzbank, Emirates NBD, HSBC, MUFG and Standard Chartered are handling the sale.

Afreximbank is a Cairo, Egypt-based international bank specializing in trade-related financing for Africa.


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