Govt completes 2018 Eurobond roadshow

BY: Graphic.com.gh
Minister of Finance, Mr Ken Ofori Atta
Minister of Finance, Mr Ken Ofori Atta

Government will in the coming days issue Ghana’s 2018 sovereign bond after a successful deal roadshow.

The exercise, which seeks to raise some $750 million of a budgeted $1billion of new debt, has received rave reviews from international capital market investors.

Govt turns to Asia to sell debt

A statement issued by the Ministry of Finance Thursday said the Ministry is, therefore, in the process of concluding terms of a deal with investors and will announce same upon closure.

It added that Ghana may, depending on market conditions, raise up to an additional $1.50 billion for liability management.