Afreximbank Raises $530 Million with Debut Samurai Bonds

• First Samurai bond issuance by an African multilateral agency in over 15 years
• Bonds attract broad investor interest, with participation from 150 subscribers

Abuja, Nigeria – The African Export-Import Bank (Afreximbank) successfully raised the equivalent of $530 million through its inaugural Samurai bonds, marking the first issuance of this type by an African multilateral lender in more than 15 years. The bonds, totaling 81.4 billion Japanese yen, include five tranches of fixed-rate notes with two-, three-, five-, seven-, and ten-year maturities, as well as a retail fixed-rate bond worth 14.1 billion yen, the Cairo-based lender announced.