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Congo buys back $354mn eurobond as it extends debt maturities before election

Congo. Photo by Valdhy Mbemba @ Unsplash
Congo. Photo by Valdhy Mbemba @ Unsplash
  • $354mn 2032 eurobond repurchased
  • $700mn 2035 bond draws strong demand

 

BRAZZAVILLE, CONGO – The Republic of Congo has repurchased $354mn of its 2032 eurobond, accelerating efforts to smooth repayments and bolster investor confidence ahead of elections.

The buyback reduces the outstanding balance of the 2032 notes to $575mn, down from the $930mn raised in late 2025, when the oil-producing nation returned to international capital markets for the first time since the mid-2000s.

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