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Gabon raises over $190mn from regional bond sale

Taxi bus Libreville, Gabon. Photo @ Unsplash
Taxi bus Libreville, Gabon. Photo @ Unsplash
  • Bond issue raises over $190mn, more than double target
  • Cameroon investors dominate subscriptions despite tight liquidity

 

LIBREVILLE, GABONGabon has raised more than $190 million from a regional bond sale, more than double its initial target, in a sign of renewed investor confidence despite lingering fiscal pressures.

The government’s EOG 2025 Multi-Transcript 2 bond issue achieved an oversubscription rate of 212.96% on the Central African regional market, far exceeding the original $90 million target, officials said.

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