Congo-Kinshasa: DR Congo Raises $1.25b in First-Ever Eurobond Sale

[Daba Finance] Democratic Republic of Congo raised $1.25 billion in its first international bond sale, taking advantage of improved global market conditions following a pause in geopolitical tensions. The country issued $600 million of six-year bonds at a yield of 8.75% and $650 million of 11-year notes at 9.5%. Demand was strong, with orders exceeding $2 billion and $2.8 billion for the two tranches.

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