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BRVM: The Ivorian State announces a public exchange offer for 30 bond loans

12/02/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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Le lundi 10 janvier dernier, l' Etat ivoirien a annoncé a public exchange offer on 30 bond bonds listed on the Regional Stock Exchange ( BRVM ).

The objective of Côte d'Ivoire is to reschedule part of its debt and preserve its budgetary room for manoeuvre. The transaction, which will take place from February 19 to March 4, 2025, concerns around thirty sovereign bonds issued between 2015 and 2024. According to the Ivorian State, it is above all to avoid a peak in repayments and to spread the load over

time.

Côte d'Ivoire is adjusting its debt management strategy with 5635 billion CFA francs ($885 million) to be repaid in 2025, including more than 2,000 billion CFA francs only for bond loans and domestic bonds.

The Ivorian Treasury offers investors to convert their bonds maturing in 2025 into new securities with a maturity of 5 and 7 years, paid at 5.90% and 6%.
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