{"id":649024,"date":"2017-04-19T03:59:48","date_gmt":"2017-04-19T03:59:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/afreximbank-seeking-a-usd-denominated-bond-issue\/"},"modified":"2017-04-19T03:59:48","modified_gmt":"2017-04-19T03:59:48","slug":"afreximbank-seeking-a-usd-denominated-bond-issue","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/afreximbank-seeking-a-usd-denominated-bond-issue\/","title":{"rendered":"Afreximbank seeking a USD-denominated bond issue"},"content":{"rendered":"<p>Cairo-based African Export-Import Bank (Afreximbank) is requesting a USD-denominated bond issue, sources told <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1HQ2AS\">Reuters<\/a>. The issue would follow the launch of a USD 700 mn syndicated loan. Afreximbank \u201cis struggling to meet demand for financing from African economies hit by a slump in international commodity prices, Afreximbank's executive vice president George Elombi told Reuters last October.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cairo-based African Export-Import Bank (Afreximbank) is requesting a USD-denominated bond issue, sources told Reuters. The issue would follow the launch of a USD 700 mn syndicated loan. Afreximbank \u201cis struggling to meet demand for financing from African economies hit by a slump in international commodity prices, Afreximbank's executive vice president George Elombi told Reuters last [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649024","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ba283331-d7bd-4eab-a6fc-78c398184093","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648981],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Afreximbank seeking a USD-denominated bond issue - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/afreximbank-seeking-a-usd-denominated-bond-issue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afreximbank seeking a USD-denominated bond issue\" \/>\n<meta property=\"og:description\" content=\"Cairo-based African Export-Import Bank (Afreximbank) is requesting a USD-denominated bond issue, sources told Reuters. The issue would follow the launch of a USD 700 mn syndicated loan. Afreximbank \u201cis struggling to meet demand for financing from African economies hit by a slump in international commodity prices, Afreximbank&#039;s executive vice president George Elombi told Reuters last [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/afreximbank-seeking-a-usd-denominated-bond-issue\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-19T03:59:48+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/afreximbank-seeking-a-usd-denominated-bond-issue\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/afreximbank-seeking-a-usd-denominated-bond-issue\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Afreximbank seeking a USD-denominated bond issue\",\"datePublished\":\"2017-04-19T03:59:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/afreximbank-seeking-a-usd-denominated-bond-issue\/\"},\"wordCount\":62,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/afreximbank-seeking-a-usd-denominated-bond-issue\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/19\/afreximbank-seeking-a-usd-denominated-bond-issue\/\",\"name\":\"Afreximbank seeking a USD-denominated bond issue - 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Afreximbank provided a credit facility of the same amount to the bank last year to help SMEs access financing during the covid-19 pandemic,\u2026","rel":"","context":"In &quot;SMEs&quot;","block_context":{"text":"SMEs","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/smes\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556048,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/10\/new-infusions-of-usd-for-state-banking-system\/","url_meta":{"origin":649024,"position":1},"title":"New infusions of USD for state, banking system?","author":"enterpriseam admin","date":"10 October 2021","format":false,"excerpt":"The Madbouly government is looking to raise USD 2 bn through a three-year syndicated facility, according to a Finance Ministry statement on Friday. The loan will include ESG and Islamic finance components, with the ESG tranche set to target green projects under the Finance Ministry\u2019s green financing framework, Emirates NBD,\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571972,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/afreximbank-could-give-egypts-banks-up-to-usd-750-mn-of-credit-facilities\/","url_meta":{"origin":649024,"position":2},"title":"AfreximBank could give Egypt\u2019s banks up to USD 750 mn of credit facilities","author":"enterpriseam admin","date":"7 June 2020","format":false,"excerpt":"AfreximBank is looking at extending USD 500-750 mn worth of credit facilities to local state-owned and private banks to help them shore up their FX liquidity, Al Shorouk reports, citing unnamed sources with knowledge of the matter. Each bank would receive USD 200-300 mn, according to the sources.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":588257,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/08\/new-finance-for-air-cairo-ifc-support-for-microlenders\/","url_meta":{"origin":649024,"position":3},"title":"New finance for Air Cairo + IFC support for microlenders","author":"enterpriseam admin","date":"8 June 2023","format":false,"excerpt":"AfreximBank is lending USD 44 mn to help fund new planes for Air Cairo","rel":"","context":"In &quot;Finance&quot;","block_context":{"text":"Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/420.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560932,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/18\/hop-on-board\/","url_meta":{"origin":649024,"position":4},"title":"Hop on board","author":"enterpriseam admin","date":"18 March 2021","format":false,"excerpt":"Egypt could join in a new USD 1 bn continental transit [assurance] scheme from AfreximBank, which is designed to encourage trade across Africa by improving tax collection and cutting back on trade costs. The new scheme will \u201chelp remove bottlenecks\u201d in implementing the new African Continental Freetrade Zone (AfCFTA) and\u2026","rel":"","context":"In &quot;Trade&quot;","block_context":{"text":"Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/237.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573044,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-has-landed-c-usd-6-1-bn-in-loans-and-other-financing-from-afreximbank-european-investment-bank\/","url_meta":{"origin":649024,"position":5},"title":"Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank","author":"enterpriseam admin","date":"19 July 2020","format":false,"excerpt":"DEBT WATCH- Egypt has landed c. USD 6.1 bn in loans and other financing from Afreximbank, European Investment Bank. 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