African Export-Import Bank (Afreximbank) has successfully priced a $1.5 billion dual-tranche senior unsecured benchmark Eurobond, marking its first US dollar public bond issuance since July 2021 and its largest bond issuance to date.
The bond was issued in two tranches: $750 million with a 5.5-year tenor, maturing in January 2032, and $750 million with a 10-year tenor, maturing in July 2036.
HSBC Bank plc acted as the Global Co-ordinator, while Standard Bank of South Africa Limited, Standard Chartered Bank, Commerzbank Aktiengesellschaft and MUFG Securities EMEA plc, acted as Joint Lead Managers and Joint Bookrunners. This transaction marks another milestone in Afreximbank’s funding journey and underscores the bank’s continued ability to access international capital markets on competitive terms while connecting global capital to Africa’s long-term growth story.
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The transaction attracted strong demand from international investors across the UK, Europe, Asia and the United States, with the order
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