Moody’s
Finance and Policy
Moody’s downgrades Eskom CFR to B3
Moody’s Investor Services (Moody’s) has downgraded to ‘B3’ from ‘B2’ the long-term corporate family rating (CFR) of South African power utility Eskom.
Finance and Policy
AfDB launches $2 billion Global Benchmark
The African Development Bank, rated Aaa/AAA/AAA (Moody’s/S&P/Fitch, all stable), has launched and priced a $2bn 3-year Global Benchmark bond due 16 September 2022.
Finance and Policy
Nigeria moves to its second green bond issuance
Nigeria is set to undertake a second green bond issuance; a Series II Green Bond of up to $42 million, following the success of the first offer in 2017.
Southern Africa
Moody’s downgrades Eskom CFR from ‘B1 to B2’
Moody’s Investor Services (Moody’s) has downgraded Eskom’s long-term corporate family rating (CFR) from ‘B1 to B2.’
The zero coupon eurobonds rating has similarly been...
