Angola has raised USD1.75 billion through a bond issue on the London Stock Exchange, aimed at settling previous debts and supporting the budget.

The medium-term notes programme consisted of 10-year bonds with a coupon of 8.75%. The notes were priced on 12 April, admitted to the market on 19 April, and are due in 2032.

For more information, please see https://iclg.com/alb/17859-angola-raises-funds-with-notes-issue