Ghana: Lazard’s Thomas Lambert and Hogan Lovells’ Bruno Ciuffetelli working on external debt

Ghana: Lazard’s Thomas Lambert and Hogan Lovells’ Bruno Ciuffetelli working on external debt

A new step is being taken in the long process of making the West African republic’s public debt sustainable, following the creation of a particular government bond conversion fund last week and the finalisation on 12 December of a staff-level agreement with the IMF worth US$3 billion.

Someone shares this article with you
            ▪ Ghana: Lazard’s Thomas Lambert and Hogan Lovells’ Bruno Ciuffetelli working on external debt

▪ A new step is being taken in the long process of making the West African republic’s public debt sustainable, following the creation of a particular government bond conversion fund last week and the finalisation on 12 December of a staff-level agreement with the IMF worth US$3 billion.

https://www.africabusinessplus.com/en/814240/ghana-lazards-thomas-lambert-and-hogan-lovells-bruno-ciuffetelli-working-on-external-debt/

The next hurdle will be restructuring Ghana’s external debt, which is unavoidable due to the tightening of borrowing conditions on international markets, the downgrading of the country’s sovereign rating and the depreciation of the cedi, which prohibits any immediate refinancing.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

News

06/07/2023 at 15h08, by Africa Business+

Mines

10/11/2022 at 17h24, by Africa Business+, updated 11/11/2022

Endeavour Mining to significantly reduce debt by 2023 

The West African gold producer led by Sébastien de Montessus, President and CEO, ranks as one of the...

Private Equity

02/11/2022 at 17h27, by Africa Business+

IFC, Finland, along with EIB, subscribe to Nicolas Rochon’s Afrigreen debt fund

This vehicle, which will operate in senior debt, aims to finance small solar projects and was initiated...

Renewable energies

11/10/2022 at 17h05, by Africa Business+

Kowry Energy aims to raise equity and debt

The company that develops autonomous electrical systems is supported in seed by Rolls Royce. After West...

Renewable energies

12/07/2022 at 16h21, by Africa Business+, updated 13/07/2022

IFC and Proparco provide debt support for GreenYellow solar farms in Benin

The French developer and operator has been selected for four sites totalling 50 MWp. IFC is expected...

Public decision maker

05/05/2022 at 18h17, by Africa Business+

Rigobert Roger Andely working on sustainable refinancing of oil debt

After restructuring Congo’s previous debt against its crude oil production at the end of January, as...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.