BUSINESSTHE RIO TIMES
Gabon Eurobond Raises US$920 Million Despite Junk Credit Rating
Gabon successfully raised US$920 million through a seven-year Eurobond, surpassing its US$750 million target, despite a junk credit rating. The issuance occurred a month after Moody's downgraded the country's credit outlook to negative.
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- DR Congo Raises $1.25 Billion in Its First Eurobond
- Gabon Begins Audit of Public Loans to Establish Debt-Stock Total
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