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Cote d'Ivoire: Côte d'Ivoire Raises $1.3b in New 15-Year Eurobond Issuance

Summary by allAfrica
Côte d'Ivoire raised $1.3 billion on February 18, 2026 through a new 15-year international bond, marking its return to global debt markets with its lowest financing cost in five years.

7 Articles

Lean Left

Thanks to a historic demand from investors, Côte d'Ivoire has managed to raise $1.3 billion in international markets at a record rate of 5.39 per cent, the lowest in sub-Saharan Africa in five years.

Côte d'Ivoire raised $1.3 billion through a 15-year maturity issue of Eurobonds. The transaction was a success, being oversubscribed almost five times. Nearly 270 international investors participated. The country is among the continent's first issuers to return to international markets in 2024 after a two-year interruption for African issuers due to high interest rates. It issued a bond denominated in local currency on international markets last…

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Côte d'Ivoire has achieved an unprecedented performance in international financial markets with the success of its Eurobond. On Wednesday, February 18, 2026, the country raised $1.3 billion at a rate of 5.39%, the lowest achieved by a sub-Saharan African state in five years. Côte d'Ivoire was highlighted in international financial markets on February 18, 2026. The country mobilized $1.3 billion through a Eurobond issue. This sovereign operation,…

Supported by a record demand from international investors, Côte d'Ivoire has managed to borrow $1.3 billion on unprecedented terms for sub-Saharan Africa over the past five years, a success that illustrates the growing strength of its economic fundamentals and its positioning as one of the continent's most sought-after sovereign signatures.

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Bloomberg broke the news in United States on Wednesday, February 18, 2026.
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