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The Government Announces the Final Principal Amounts of New Bonds

The Government Announces the Final Principal Amounts of New Bonds

 

Accra, Ghana, 20th February, 2023…… In anticipation of the settlement of the Domestic Debt Exchange Programme (DDEP) on 21st February 2023, the Government announces the aggregate principal amount of each series of New Bonds, which amounts, together with the corresponding ISINs, are set forth in Appendix A attached hereto and organized by the category of holders set forth in the Amended and Restated Exchange Memorandum dated as of 3rd February 2023 (the “Exchange Memorandum”).  Capitalised terms used but not defined herein shall have the meanings ascribed thereto in the Exchange Memorandum.

We are also reproducing in Appendix B attached hereto the Exchange Consideration Ratios by Holder Category in order to assist Eligible Holders to calculate the allocation of New Bonds they will receive.

New Bonds will be credited to the holder’s securities account at the Central Securities Depository (CSD) from which their Eligible Bonds were tendered.

 

 

ISSUED BY:

                                                                                                head, public relations unit

 

 

THE NEWS EDITOR