Benin Sets the Stage for Africa’s First Eurobond Issue of 2025
- The nation last sold dollar bonds in February of last year
- Citi, JP Morgan and SocGen are arranging investor meetings
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Benin is moving fast to secure fresh external financing and may launch the first eurobond from Africa in 2025.
The government has appointed Citigroup Inc, J.P. Morgan Chase & Co. and Societe Generale SA to arrange investor meetings beginning on Jan. 8 virtually and in-person in London.