Moody’s

WEF

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.
green bonds

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.
renewables market

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...

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