Ghana aims to issue Eurobond of up to $1 bln by end June - CNBC Africa

Ghana aims to issue Eurobond of up to $1 bln by end June

Western Africa

by Reuters 0

Ghana's Finance Minister Seth Terkper told Reuters earlier about the country's proposed one billion US dollar Eurobond. PHOTOS: blogs.ft

Ghana will aim to issue a Eurobond of as much as one billion US dollars by the end of June, bringing forward the timing of the issuance which had been scheduled for the second half of the year, the head of the parliamentary finance committee said on Monday

(READ MORE: Ghana plans to issue $1 bln Eurobond in 2015)

In an apparent about-face, the government has also decided not to pursue a bridge finance loan that would have been worth up to one billion US dollars, James Avedzi told Reuters.

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