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Why investors poured billions into Afreximbank’s record Eurobond sale

George Elombi, Afreximbank president. Photo @ Afreximbank
George Elombi, Afreximbank president. Photo @ Afreximbank
  • Afreximbank raises record US$1.5 billion Eurobond.
  • Global investors submit US$3.8 billion in orders.

 

CAIRO, EGYPTAfrican Export-Import Bank has returned to the US dollar bond market with a record US$1.5 billion Eurobond, drawing strong demand from global investors.

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