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DR Congo plans first $1.5bn Eurobond to fund infrastructure, ease connectivity

Eurobond trading. Photo by Willfried Wende @ Unsplash
Eurobond trading. Photo by Willfried Wende @ Unsplash
  • Mineral-rich nation eyes debut on international debt markets to raise $1.5bn
  • Analysts warn high global rates could raise borrowing costs

 

KINSHASA, CONGO – The Democratic Republic of Congo is preparing to issue its first international bond, a $1.5 billion Eurobond, in a move officials say will finance critical infrastructure.

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