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Gabon’s $290M Eurobond Buyback Sparks Debate Over Debt Strategy

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  • Move reduces outstanding Eurobond balance to $315M, drawing mixed reactions
  • Experts question long-term benefits amid fiscal pressures and regional debt limits

Gabon’s $290 million buyback of its $605 million Eurobond, announced Wednesday, has reignited discussions over the country’s public debt strategy. The government claims the partial redemption, which leaves $315 million outstanding ahead of the bond’s June 2025 maturity, is part of efforts to transform external debt into more manageable domestic obligations.

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