Sentences with phrase «planned eurobond»
It stated that Finance Minister Kemi Adeosun was due to launch a planned eurobond sale later in the year.
http://nigeriapoliticsonline.com/ Not exact matches
Mr Hollande secured a majority of support for his plan to introduce eurobonds, which would share the continent's debts more broadly.
«The Federal Government of Nigeria plans to source $ 3bn through the issuance of Eurobonds in the ICM and / or loan syndication by banks, as approved by the Federal Executive Council at its meeting of August 9, 2017,» he said.
He stated, «The balance of the 2017 external borrowing, in the sum of $ 3.2 bn, is planned to be partially sourced from issuances in the ICM of $ 2.5 bn through Eurobonds or a combination of Eurobonds and Diaspora Bonds, while $ 700m is proposed to be raised from multilateral sources.
This includes multilateral agencies, export credit agencies and we are also planning to tap the Eurobond market,» wrote Adeosun, who became Finance Minister in November.
The West African nation must also outline plans to clean up the financial sector and show stronger commitment to cut debt, including limiting its next Eurobond for budget support to $ 500 million, IMF said in a document seen by Reuters.