Wednesday, November 4

Gabon’s $920 million eurobond: a costly return to international markets

Libreville has achieved its most significant return to international financial markets in several years, substantially surpassing its initial funding target. While this $920 million Eurobond issuance marks a clear advancement compared to the 2025 operation, the borrowing cost remains elevated, reflecting a cautious investor confidence despite ongoing reforms within the nation.

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Gabon has successfully navigated a new phase in its external financing strategy.

Selon le communiqué officiel, le règlement de l'opération est attendu autour du 5 août. Les obligations arriveront à échéance en 2033, après une maturité de sept ans, assortie de trois années de grâce, durant lesquelles l'État ne remboursera que les intérêts avant d'amortir le principal.By Fati Seyni — Analyst

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