Gabon gears up for dollar return, adds LM exercise to new 10 year

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Gabon gears up for dollar return, adds LM exercise to new 10 year

Gabon is planning its second ever international bond deal seven years after making its debut. Investors are willing to look past previous payment delays on its outstanding Eurobond, to the country’s strong fiscal fundamentals while the flat curve of comparable credits like Nigeria bode well for tight pricing on the planned 2023 soft-bullet bond.

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