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LAGOS, Nigeria-Saturday 13 June 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure solutions provider in Africa, today announces the successful issuance of a US$700 Million Reg S Eurobond, maturing 16 June 2025 (“the US$700 million Eurobond” or “the bond issuance”).

The US$700 million Eurobond is AFC’s first bond issuance in 2020 and carries a coupon of 3.125%. The bond received strong global interest across Europe, Asia and the Middle East despite the challenging global economic backdrop, leading it to being c.3 times over-subscribed. The order book, which reached over US$2.1 billion, comprised of high-quality fixed income investors that are seeking exposure to a high-quality investment grade issuer like AFC.

The investor base for the Eurobond reflects the geographically diverse funding opportunities for AFC. The distribution breakdow ... Read more »

Views: 33 | Added by: africa-live | Date: 06.14.2020 | Comments (0)

OSAKA, Japan -Friday 12 June 2020 [ AETOS Wire ]

− Growth & Emerging Markets Business Unit increasing focus on innovative medicines for complex and rare diseases

− Continued progress on divestment strategy underscores Takeda’s commitment to financial discipline and rapid de-leveraging following Shire acquisition

(BUSINESS WIRE)-- Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today announced that it has entered into an agreement to divest a portfolio of select non-core over-the-counter (OTC) and prescription pharmaceutical products sold exclusively in Asia Pacific to Celltrion Inc. (“Celltrion”), an Incheon, South Korea-based biopharmaceutical company specializing in the research, development and manufacturing of small molecules, biosimilars and innovative drugs. Takeda will receive $266 million USD upfront in cash and up to an additional $12 million USD in potential milestone payments, subje ... Read more »

Views: 27 | Added by: africa-live | Date: 06.14.2020 | Comments (0)

BEIJING-Friday 12 June 2020 [ AETOS Wire ]

-(BUSINESS WIRE)-- The novel coronavirus has so far claimed over 400,000 lives worldwide, according to John Hopkins University. No one knows how dangerous the virus really is and how long the pandemic will last.

To present readers with a clear picture of how we got here, CGTN portrayed seven* hard-hit countries in an interactive Super Virus. These countries – China, South Korea, the U.S., Germany, France, Italy and the UK – all reported initial confirmed cases at an early stage of the outbreak and all have their relatively mature healthcare systems strained in the fight against it. But their different policy measures have resulted in varied outcomes.

While it’s far too early to draw simple conclusions, the policy measures taken in each country do require scrutiny. The interactive takes a comparative approach in visualizing when and how quickly these measures were enacted over the course of the pande ... Read more »

Views: 27 | Added by: africa-live | Date: 06.14.2020 | Comments (0)