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Ghana plans $5 billion offering of senior notes due 2027, 2035, 2061
By Rebecca Melvin
New York, Feb. 4 – The Republic of Ghana plans to price $5 billion in three tranches of senior notes due 2027, 2035 and 2061 (expected rating: B), according to market sources on Tuesday.
JPMorgan, BofA Securities, Morgan Stanley, Standard Bank, Standard Chartered Bank, Databank, Fidelity Bank Ghana, GCB Bank, IC Securities (Ghana) and Strategic African Securities are joint bookrunners of the over-the-counter notes, which are expected to be listed on the London Stock Exchange and Ghana Stock Exchange.
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