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International market: Congo buys back $354 million in its eurobond due in 2032 and extends its maturities

18/02/2026
Source : ORISHAS FINANCE
Categories: Index/Markets

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Through a press release from the Ministry of Finance on Tuesday, February 17, 2026, the Republic of Congo announced that it had completed the takeover partial of its international bond maturing in 2032 for a amount of $354 million. This operation is intended to improve the profile of its public debt.

The Minister of Finance, Budget and Finance Public wallet, Christian Yoka said that the partial purchase of his international obligation translates “the caution” of government funding strategy and aims to strengthen sustainability medium and long term debt. The operation should also allow to reduce expected principal repayments by $214 million between 2026 and 2030, according to the information.

At the end of the transaction, the outstanding amount of The 2032 bond is reduced to $575 million, from $930 million previously, an amount raised in two stages in November and December 2025, during of the country's first international operations in nearly twenty years.

This acquisition comes a few days after a new fundraising on international markets. On February 11, 2026, in Indeed, Brazzaville announced that it had raised $700 million via a bond expiring in January 2035, with a coupon of 9.5%. He This is the longest maturity ever achieved by the country on the markets internationals. The repayment of the principal will begin in 2031 and will be done by annual installments.

Congo had already risen $670 million in November 2025 via a 2032 Eurobond, before reopen this line for about 260 million more, for a total of 930 million through private investments. The February show marks its premiere international public offering after private placements made at the end of 2025, and devotes its gradual return to international markets for the first time times for nearly twenty years.

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