Ecobank Transnational Incorporated, ETI (www.Ecobank.com), the Lomé-based parent company of the Ecobank Group, is pleased to announce that it has successfully raised $450 million in its debut Eurobond which was oversubscribed. The Global Offering is a 5-year unsecured note […]
Ghana will work with the market to determine the tenure of possible longer-dated bonds for a future debt issuance after raising $3 billion this week, said Finance Minister Ken Ofori-Atta. The world’s second-biggest cocoa producer […]
Ghana is in talks with Standard Chartered Plc and Standard Bank Group Ltd. for a bridge loan of $750 million and will repay the facility with the proceeds of a Eurobond sale. The finance ministry […]
Ghana’s currency slumped to a record against the dollar after a dovish tilt by the nation’s central bank reduced the appeal of fixed-income assets, sapping foreign-investor demand for the country’s bonds. The cedi has weakened […]
Five lenders appointed as lead arrangers for bond sale Ghana picked five banks, including Bank of America Merrill Lynch and JPMorgan Chase & Co., as lead arrangers for the nation’s proposed sale of as much […]
Ghana is favoring a sale of as much as $3 billion in Eurobonds this quarter as the country seeks to finance its budget and reduce borrowing costs, according to two people familiar with the matter. […]
Quantum Terminals Group (QTG), a leading energy infrastructure developer in Ghana, has a listed bond at London Stock Exchange’s International Securities Market. QTG listed a GHS 45 million (USD 10 million) corporate bond, guaranteed by GuarantCo, […]
After selling $2 billion of Eurobonds, Ghana will prioritize lowering its interest burden and raising revenue to make sure it can continue to service debt, said Finance Minister Ken Ofori-Atta. The nation sold the securities […]
ACCRA, May 10 (Reuters) – Ghana sold $2 billion worth of dual-tranche Eurobonds with 10- and 30-year maturities on Thursday and it will pay issuer-desired yields, government and transaction sources said. The West African sovereign […]
Ghana is seeking to issue up to $2.5 billion worth of Eurobonds in the coming weeks with a coupon in the 7 percent range, a rate well below previous sales, the West African nation’s finance […]
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