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Egypt’s Afreximbank sets talk for tap of 4¾% dollar notes due 2019; pricing Wednesday
By Christine Van Dusen
Atlanta, Oct. 29 – Egypt’s African Export-Import Bank (Afreximbank) set final talk at mid-swaps plus 310 basis points to 315 bps for a tap of its dollar-denominated 4¾% notes due in July 2019 (Baa2//BBB-), a market source said.
HSBC is the bookrunner for the Regulation S notes, which are expected to price on Wednesday.
Afreximbank is a Cairo-based international bank specializing in trade related financing for Africa.
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