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Sonangol Set to Pay Second Interest Instalment on 2023-2028 Bonds

  • Angola’s Sonangol will begin paying the second instalment of interest to bondholders on September 18
  • The payout amounts to 6.6 billion kwanzas, subject to the Capital Investment Tax

Luanda, Angola – Sonangol, Angola’s state-owned oil distribution and production company, will start disbursing the second instalment of interest to holders of its 2023-2028 bonds on September 18. The company adjusted the date as the originally scheduled payment period falls on a Saturday.

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