- Buyback targets non-sovereign bondholders, offering bonds at par value to reduce outstanding liabilities
- Move expected to improve fiscal sustainability by cutting future coupon payments
Accra, Ghana – Ghana’s energy sector special purpose vehicle (SPV), E.S.L.A. PLC, has announced a GH¢1.04 billion bond buyback offer as part of efforts to restructure the country’s energy sector debt. With total outstanding E.S.L.A. bonds amounting to approximately GH¢5.50 billion, the buyback aims to reduce liabilities under Tranches E2, E3, E4, and E5, which are scheduled to mature between 2027 and 2033.
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