While IPOs remain scarce, other promising exit strategies are gaining traction.
Demand for commodities is strengthening, but challenges persist.
Competition with international carriers is tight, but opportunities exist for African airlines to grow market share.
Achieving sustainability objectives through innovative funding of climate-change projects.
Planning for the up-cycle and managing risks in Lusophone Africa.
Economies are strengthening and the outlook is probably the best it has been in 10 years, but there can be no room for complacency in the debt market.
• Average size of leveraged loan increases significantly • Weighted margin of first-lien loan drops to lowest level in years • Term loan B issuance outstripped 2016 levels within the first three quarters of 2017 • Cov-lite deals march on
• Leveraged loan value outstripped 2016 level by €131.3 billion in 2017 • Value of high yield bonds has surpassed 2016 by 32 percent • Refinancing and repricing drive the market • Leveraged loans continue primacy over high yield bonds