Less then 20 years after a bloody civil war and genocide destabilised the country in 1994, Rwanda won a strong vote of confidence from international investors on Thursday, when it brought to market its maiden Eurobond issue.
Credit Bank of Moscow successfully ventured into uncharted territory on Thursday, when it priced Russia’s first potentially Basel III-compliant Tier 2 bond.
The Republic of Rwanda, rated B/B, has launched its debut US$400m 10-year Eurobond issue at the final yield of 6.875%, according to one of the lead managers.
- Rwanda readies debut Eurobond
- Financials reap mixed fortunes
- Isbank signals new course
- Slovenia hit by Cyprus contagion
- Tanzania government defends private placement
- Eggciting week for plucky Ukrainian corporates
- DIB emulates ADIB's success