Brazzaville priced an $850 million 11-year bond at 9.5%, drawing $1.6bn in demand, as it refinances debt and seeks fresh IMF support.
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Eurobond
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Brazzaville has formally asked the IMF for a new programme barely a year after its last one, building on a $700M eurobond and a bond buyback aimed at fiscal credibility.
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Brazzaville re-enters the global capital arena For the first time in almost twenty years, the Republic of Congo has tapped international investors, pricing a USD 670 million Eurobond with a …