Thursday, May 26, 2022 UTC
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Analysis > Markets

Angola taps Eurobond market

Tiago Bossa Dionísio, Assistant Director, Eaglestone Securities
May 7, 2022, 12:54 p.m.
283

Word count: 576

Angola raised $1.75bn in overseas markets this month following three other Eurobond issues in 2015, 2018 and 2019. The government said that $750m of the proceeds from this debt sale will be used to buyback existing Eurobonds due in 2025 and 2028 and the remainder to finance its budget.

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