Cleary Gottlieb acted as counsel to the Republic of Côte d’Ivoire in relation to a landmark sovereign Eurobond offering. The offering of $1 billion 6.375% Amortizing Notes due 2028 closed on March 2, 2015. This landmark transaction represents the longest maturity for a sovereign issuance on primary markets in Sub-Saharan Africa excluding South Africa, and represents the Republic of Côte d’Ivoire’s second international offering on the primary capital markets, after a successful inaugural bond issuance of $750 million in July 2014. Proceeds of the offering will be used to fund strategic investments of the Republic of Côte d’Ivoire’s National Development Plan. The offering was made on a Rule 144A / Regulation S basis and the Notes were admitted to trading on the Regulated Market of the Luxembourg Stock Exchange.
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy.