RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

External financing: Benin plans a Eurobond of 750 million dollars

16/01/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

Afin d' assurer un external financing: As yields approach the levels that previously blocked African debt sales, Benin is preparing to issue Eurobonds in the amount of 750 millions of dollars.

L'obligation could be sold at a price of around 8%, as Benin's 2038 dollar bonds recently traded at 8.76%. It should have a maturity of 16 years and a weighted average lifespan of 15 years. The sale comes in a context of strong bond issuance in emerging markets, with $26 billion sold worldwide in the first week of 2025. Thus, the Beninese government called on Citigroup Inc. , J.P. Morgan Chase & Co. et Société Générale SA to organize meetings with investors, virtually and in person & agrave; London. These meetings started on 8 January.

Benin's desire to access Eurobond markets reflects its urgent need for external financing in a context of political and economic uncertainty.
Provided by AWS Translate

0 COMMENTAIRE