Ghana Mulls Syndicated Loans After Abandoning Eurobond Sale

Updated on
  • Concern inability to raise targeted revenue may spark selloff
  • Lawmakers earlier approved sale for up to $1 billion eurobonds

Ghana is considering raising money through private bank loans, abandoning plans to sell as much as $1 billion of Eurobonds on concern its inability to raise targeted budget revenue may spark an investor selloff.

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