Afreximbank successfully prices its inaugural Samurai bonds, raising JPY81.3 billion (about USD 530 million equivalent) comprising JPY 67.2 billion 5 regular tranches and JPY 14.1 billion 3-year Retail Samurai (“The Transaction”)
Afreximbank successfully met its objective of achieving a benchmark transaction size of over JPY 30 billion and maximizing the size in longer tenors (up to 10 years)
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully priced its debut Samurai bond, securing a regular 5 tranche JPY 67.2 billion consisting of 2-year, 3-year, 5-year, 7-year and 10-year fixed rate tranches. Concurrently, the Bank launched its inaugural Retail Samurai bond with a 3-year fixed-rated tranche valued at JPY 14.1 billion.…