Skip to content
Subscriber Only

JPMorgan, BofA Are Said Among Banks to Market Ghana Eurobond

  • Five lenders appointed as lead arrangers for bond sale
  • Local lenders named as co-arrangers for debt issuance
Updated on

Ghana picked five banks, including Bank of America Merrill Lynch and JPMorgan Chase & Co., as lead arrangers for the nation’s proposed sale of as much as $3 billion in Eurobonds, according to two people familiar with the matter.

The three other main advisers are Morgan Stanley, Standard Chartered Plc and Standard Bank Group Ltd., said the people, who asked not to be identified because they’re not authorized to speak publicly about the matter. The West African nation also appointed Accra-based Fidelity Bank Ltd., IC Securities Ltd. and Databank Group as co-arrangers, said one of the people.