Ghana delays sale of up to $1 billion of notes

By Christine Van Dusen

Atlanta, Aug. 4 – Ghana has decided to delay the issuance of up to $1 billion of notes due to market conditions, a market source said.

The notes were to be issued concurrently with a tender offer.

BofA Merrill Lynch, Citigroup and Standard Chartered were the bookrunners for the Rule 144A and Regulation S deal.

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