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With us$2.5 Billion Raised in International Markets, Angola Is Achieving Its Return to High Costs
Summary by Financial Afrik
1 Articles
1 Articles
Angola raised $2.5 billion in international markets through a foreign currency bond issue, marking a remarkable return to the African sovereign debt segment. The transaction, launched on March 24, 2026, exceeded the initial target of $2 billion, thanks to a demand of approximately $5.2 billion. Structured in two tranches, the issue includes $1.5 billion over 7 years at a rate of 9.25%, as well as $1 billion over 11 years at a rate of 9.8%. Read …
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