Tag Archive for 'JP Morgan'

Africa-focused Vivo Energy soars after £548m IPO on London SE

Africa’s £1.98 billion ($2.68bn) megalisting Vivo Energy (VVO) soared in its first 2 days of trading on the London Stock Exchange (dual-listed in Johannesburg ) on 10-11 May after a successful initial public offer (IPO) raised £548m.

Barclays Bank call for standards for derivative trades on blockchain

Blockchain technology can revolutionize trading in derivatives, fix inefficiencies and cut costs of trading if there is more standardization. Barclays Bank is one of the key champions and yesterday (26 April) spoke out at the annual meeting of the International Swaps and Derivatives Association (ISDA).

Demand soars for Ethiopia’s debut $1bn Eurobond, yields 6.625%

Ethiopia saw soaring demand yesterday (4 Dec) for its debut $1bn Eurobond, after a quick US roadshow. Total demand was $2.6bn and the yield on the 10-year bond was settled at a relatively low 6.625%.

Stock Exchange of Mauritius aims to be global centre for listing funds

The dynamic Stock Exchange of Mauritius is pushing ahead with building itself as a secure base for international funding transactions and an African alternative to international listing venues. It is moving to becoming a multi-product exchange aimed at the international market.

Nigerian bank’s $0.5 bn high yield eurobond

Nigeria’s Guaranty Trust Bank is coming to the market with a $500 million Eurobond, which may roll out into a $2 billion offering. The bank is listed on the Nigerian and London Stock Exchanges.