Ivory Coast to tap market for €300m

Ivory coast flag px230
By Mariam Meskin
14 Mar 2019

The Ivory Coast is set to tap the loan market to raise long-term financing. Market spectators were confident about the sovereign's chances. Its currency peg against the euro has proved attractive to both investors and lenders in recent years.

The transaction will consist of a seven year €300m loan with an amortising structure, according to bankers. 

Société Générale is expected to arrange the transaction. One ...

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